Company: EHSI
Filing Date: 2025-09-02
Form Type: PRE 14A
Source: 0001437749-25-028137
Chunk: 49

Company: Elite Health Systems Inc.
Filing Date: 2025-09-02
Form: PRE 14A
Chunk 49
---
 AcquisitionAgreement rather than as establishing matters as facts. Moreover, certain of the representations, warranties and covenants of the parties may be subject to a contractual standard of materiality different from what might be viewed as material to the Company’s stockholders. The AcquisitionAgreement has been included to provide stockholders with information regarding its terms. It is not intended to provide any other factual information about the Selling Stockholders, the or the Company. The Company’s stockholders are not third-party beneficiaries under the AcquisitionAgreement and should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations of the actual state of facts or condition of the Selling Stockholders or the Company or any of their respective subsidiaries or affiliates. Moreover, information concerning the subject matter of the representations and warranties may change after the date of the AcquisitionAgreement, which subsequent information may or may not be fully reflected in Company's public disclosures.

GENERAL

Under the terms of the AcquisitionAgreement, we have agreed, subject to certain conditions, including the approval of the Acquisition Agreement by our stockholders at the meeting to which this proxy statement relates, to purchase the equity interests of PSS held by the Selling Stockholders.

PURCHASE PRICE RELATION TO THE PSS ACQUISITION

The Company has agreed to issue 3,158,000 new shares of its common stock to stockholders of PSS as full consideration of the Acquisition.

CLOSING OF THE PSS ACQUISITION

The closing of the acquisition of PSS will take place on the third business day after our stockholders approve the Acquisition Proposal and the satisfaction or waiver of all of the other closing conditions or at such other time as the parties may otherwise agree.

REPRESENTATIONS AND WARRANTIES UNDER THE ACQUISITION AGREEMENT

In the Acquisition Agreement, the Selling Stockholders made representations and warranties relating to, among other things, the following:

| ● | corporate organization, existence and power and authority to own, operate and lease its assets and carry on its business;                                                           |
| ● | the authorized and issued capital stock of PSS along with all issued an outstanding options, warrants and convertible securities or other agreements relating to the shares of PSS. |

<div align='center'>28</div>

| ● | absence of conflicts or violations;                                                                                                                   |
| ● | financial statements of the PSS business and absence of certain undisclosed liabilities, changes, events and conditions since the balance sheet date; |
| ● | disclosure of material contracts;                                                                                                                     |
| ●