(AMEX: CTEK) shares are soaring this morning on news that the company is being acquired. The shares are up over 100% on increasing trading volume. More than 3,000 trades and the stock is currently trading at $1.19 a share.

CynergisTek Inc. Enters into a Definitive Agreement to be Acquired by Clearwater in a $17.7 million Transaction

CynergisTeks Stockholders to Receive $1.25 Per Share in Cash

AUSTIN, Texas–(BUSINESS WIRE)–CynergisTek, Inc. (NYSE American: CTEK), a leading cybersecurity, privacy, compliance, and IT audit firm helping organizations in highly regulated industries navigate emerging security and privacy issues, announces it has entered into a definitive agreement to be acquired by Clearwater Compliance LLC (collectively with its affiliates, Clearwater), a healthcare focused cybersecurity, compliance, and risk management solutions firm, in an all cash transaction that values CynergisTek at approximately $17.7 million. Clearwater is a portfolio company of funds affiliated with Altaris Capital Partners, LLC, an investment firm focused exclusively on the healthcare industry.


Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist