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Pending
Deals

In support of our focus on transparency and active communication with all our stakeholders, we have created a list of our pending and proposed transactions and the most current information and anticipated timing on each. This information will be updated regularly as needed.

 

Proposed Acquisitions
D & D Rehab Centers, Inc.
Puget has entered into a letter of intent to acquire D & D Rehab Centers, Inc. See press release for details. 
December 9, 2021 update: Due diligence is ongoing. 
CareSuites
Puget has entered into a letter of intent to acquire Care Suites LLC. See press release for details.
December 9, 2021 update: The merger agreement is in legal review. 
Pending GMC of Florida Acquisition
GMC of Florida
Earlier this year, Puget entered into a letter of intent to acquire Glades Medical Centers of Florida LLC ("GMC of Florida"). Its services focus on preventive primary care as well as diagnosis and treatment of illnesses and minor injuries. On October 28, 2021, a definitive agreement was signed. See press release for details. 
December 9, 2021 update: We have terminated this deal. See 8-K
Pending BCSF Acquisition

Earlier this year, Puget entered into a letter of intent to acquire Behavioral Centers of South Florida LLC (“BCSF”). On August 23, 2021, Puget entered into a definitive acquisition and option agreement with BCSF. See the related 8-K here

October 7, 2021 update: Our management team, headed by our new Chief Legal & Compliance Officer, is scheduled for a multi-day BCSF compliance review this month. More news will follow thereafter.
December 9, 2021 update: We have terminated this deal. See 8-K
Expanded Facilities

Site selection for a new headquarters location in Boca Raton is currently ongoing. Management is reviewing a short list of potential locations to support anticipated growth.

Updated estimated timing for lease commencement: by end of September 2021, concurrent with the closing of the BCSF acquisition.

Update as of September 30, 2021: We’ll be providing an update on the location and move-in timing for our new headquarters by the end of next week.

October 8, 2021 update: We're still vetting our short list to make sure we're getting the most efficient space for our growing team. More news to come.
 

Technology Acquisitions

The Puget Board of Directors has requested due diligence reviews from subject matter experts to evaluate the proposals received from three Board of Advisor members pertaining to potential acquisition of photovoltaic nanotechnology for use in improving the performance of solar energy collection devices, including solar panels.

Estimated timeline: Q4 2021.

Puerto Rico

Efforts to launch business in Puerto Rico are continuing as planned.

October 14, 2021 update: Our corporate entity is now set up in Puerto Rico! See blog post for details. 

Any statements made on this page, including statements about Puget’s beliefs and expectations, are not statements of historical fact but are forward-looking statements within the meaning of the federal securities laws, and should be evaluated as such. Forward-looking statements can be identified by the use of forward-looking terminology, including but not limited to the terms “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “should,” “will” or, in each case, their negative, or other variations or comparable terminology. Puget bases these forward-looking statements or projections on its current expectations, plans and assumptions that it has made in light of its experience in the industry, as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances and at such time. As you read and consider the information on this page and any related social media posts or other marketing correspondence, you should understand that these statements are not guarantees of future performance or results. The forward-looking statements and projections are subject to and involve risks, uncertainties and assumptions and you should not place undue reliance on these forward-looking statements or projections. Although Puget believes that these forward-looking statements and projections are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect Puget’s actual results to differ materially from those expressed in the forward-looking statements and projections. Puget undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. If Puget does update one or more forward-looking statements, there should be no inference that it will make additional updates with respect to those or other forward-looking statements.