Cybersecurity firm CynergisTek announced that its stockholders have voted to approve the merger agreement with Clearwater Compliance, a healthcare focused cybersecurity, compliance, and risk management solutions firm. The all-cash transaction values CynergisTek at approximately $17.7 million.
Clearwater will acquire all of CynergisTek’s common stock for $1.25 per share. The parties expect the transaction to close today. Upon completion, CynergisTek’s shares will no longer trade on the NYSE American Stock Market, and CynergisTek will become a private company. Read more.
