Agility Health, Inc. cancelled the acquisition of a US-based specialty physical therapy business.

Agility Health, Inc. (TSXV:AHI) executed a non-binding Letter of Intent to acquire a US-based specialty physical therapy business for $5 million on May 5, 2015. Agility Health will use the proceeds from the $4.4 million Offering to fund the purchase price. The transaction is contingent on completion of ongoing diligence procedures and negotiations and is anticipated to close during the third quarter of 2015. Agility Health, Inc. (TSXV:AHI) cancelled the acquisition of a US-based specialty physical therapy business on May 5, 2016.