Shares of medical imaging technology company Nano-X Imaging Ltd. (NNOX) are down more than 15% in the morning trade on Tuesday after the company announced its entry into two agreements to acquire medical artificial intelligence developer Zebra Medical Vision and USARAD and its related company, Medical Diagnostics Web.
As per the deal, Nano-X will pay $100 million up front to Zebra Medical Vision and another $100 million on achieving certain targets, both to be paid in stock.
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