Freedom Care Group Holdings Limited (ASX:FCG) agreed to acquire Freedom Care Corporation Pty Ltd on August 28, 2023. consideration for the acquisition of 100% of the issued share capital in 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.