Consolidated Financial Holdings Limited (ASX:CWL) agreed to acquire Amplify Eyecare Limited for AUD7 million on November 30, 2022. Following completion of the transaction Samuel Herzberg and Heather McBryar will be appointed to the Board and one of the existing directors, Brendan Burwood will resign. The completion of this acquisition is contingent upon finalising a capital raise of between AUD 6m-8m. As part of the transaction, and subject to shareholder approval, CWL will change its name to "Amplify Eyecare Holdings Limited". As of January 23, 2023, prospectus was lodged with ASIC which states the offer and issue of up to 35 million new shares at a deemed issue price of AUD 0.20 per Share to the Vendors as consideration payable by the Company pursuant to the Acquisition to the Vendors in exchange for their shares in Amplify Eyecare. The transaction is expected to complete on March 10, 2023.

Consolidated Financial Holdings Limited (ASX:CWL) cancelled the acqusition of Amplify Eyecare Limited on March 27, 2023.