Delic Holdings Acquires Ketamine Infusion Centers LLC

December 7, 2020

Delic Holdings Inc. (DELIC) entered into an agreement to acquire all membership interests of Ketamine Infusion Centers LLC (KIC), an operator of two ketamine infusion clinics in Phoenix, Arizona and Bakersfield, California. The transaction (structured as a reverse triangular merger) expands DELIC's psychedelic wellness platform by adding physical clinic operations and a team of medical professionals, with consideration primarily issued as DELIC subordinate voting shares and contingent milestone shares.

Buyers
Delic Holdings Inc.
Targets
Ketamine Infusion Centers LLC
Sellers
Members of Ketamine Infusion Centers LLC
Location
Arizona, United States
Transaction Type
Buyout

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