09:52 AM EST, 11/19/2025 (MT Newswires) -- Rocket Doctor AI ( AIRDF ) on Wednesday agreed to buy 100% of the issued and outstanding securities of Alea Health Holdings in a cash and stock deal.

The company said it will buy 100% of the issued and outstanding ordinary shares in the capital of Alea by making a cash payment of US$15,000, which has already been paid, and with the issuance of 285,712 common shares in the capital of Rocket Doctor AI ( AIRDF ) on the closing date pro rata to the Alea Shareholders, at C$0.70 per consideration share.

Rocket Doctor AI ( AIRDF ) has also agreed to assume and satisfy Alea's obligations under a "Simple Agreement for Future Equity" (SAFE Note) by paying the US$180,000 principal balance of the SAFE Note in equal monthly installments of US$22,500 per month until paid in full.

The company plans to integrate Alea's proprietary online therapy platform with its Global Library of Medicine (GLM) to create a "unified, comprehensive healthcare solution, substantially expanding the GLM's mental health capabilities and strengthening Rocket Doctor AI's ( AIRDF ) advocacy for conversational AI in healthcare delivery over the next decade."

Rocket Doctor AI ( AIRDF ) believes it will benefit from the opportunity to extend geographic reach into the Middle East, specifically the UAE, which serves as a critical foothold in the Gulf Cooperation Council region, through the acquisition.

"Finally, the acquisition provides a further boost to Rocket Doctor AI's ( AIRDF ) bench strength and expertise in core healthtech domains," said the company in a statement.

Shares of the company were last seen up 2.6% at $0.8 on the Canadian Securities Exchange.

Price: 0.80, Change: +0.02, Percent Change: +2.56