Freedom Care Corporation Pty Ltd agreed to acquire Freedom Care Group Holdings Limited (ASX:FCG) in a reverse merger transaction on August 28, 2023. Freedom Care, the Company has agreed to issue 82.5 million Shares and 15 million options to the Vendors. Campbell Welch and Peter Ziegler will resign from the Board. Keith Glennan will remain on the Board. In addition, on completion of the Acquisition, Jamal Sabsabi, Zoran Grujic and Ola El Helu will be appointed as Chief Executive Officer and Managing Director, and Non-Executive Directors respectively. Transaction is subject to approval from regulatory board and Freedom Care Group Holdings Limited's shareholders.

Freedom Care Corporation Pty Ltd completed the acquisition of Freedom Care Group Holdings Limited (ASX:FCG) in a reverse merger transaction on November 27, 2023.