07:54 AM EDT, 03/31/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Monday said it will exercise its call option and acquire a majority stake in Healwell AI (AIDX.TO) concurrent with the closing of Healwell's proposed acquisition of New Zealand-based Orion Health Holdings on April 1.

Following the exercise of the call right, WELL expects to have a 37% economic interest and a 69% voting interest in Healwell on a non-diluted basis. Healwell is expected to contribute $160 million in revenue to WELL's consolidated financial statements over the next 12 months.

Separately, Well Health ( WHTCF ) over the weekend said it will be delaying the filing of its audited annual consolidated financial statements for the year ended Dec. 31, 2024.