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Augmedix to Join Forces with Commure
Augmedix, Inc., Augmedix, Inc. press release (GlobeNewswire), July 19, 2024, 2024
Read the originalRead on October 20, 2026
- What it is
- Augmedix's own announcement that it had agreed to be acquired by Commure, Inc. in an all-cash transaction. It gives the total equity value, approximately $139 million, and the price per share, $2.35. Augmedix describes itself as a leader in ambient AI medical documentation.
- How much weight it carries
- Company announcement on the acquired company's own website, carrying its GlobeNewswire release. The value is stated as approximate and was made before the deal closed, so it is the announced price, not a confirmed closing amount. The release does not show the purchase accounting.
Facts taken from this source
- On July 19, 2024, Augmedix agreed to be acquired by Commure, Inc. in an all-cash transaction that values Augmedix at approximately $139 million in equity value.
“in an all-cash transaction that values Augmedix at approximately $139 million in equity value” (Press release, first paragraph)