BRIEF-Neuronetics And Greenbrook TMS Announce Definitive Agreement To Merge

Reuters08-12

Aug 12 (Reuters) - Greenbrook Tms Inc :

* NEURONETICS AND GREENBROOK TMS ANNOUNCE DEFINITIVE AGREEMENT TO MERGE

* NEURONETICS INC: EACH GREENBROOK SHARE IS EXPECTED TO BE EXCHANGED FOR 0.01149 SHARES OF NEURONETICS COMMON STOCK

* NEURONETICS INC: NEURONETICS SHAREHOLDERS WILL OWN ABOUT 57% OF COMBINED COMPANY

* NEURONETICS INC: AGGREGATE OF 25.3 MILLION NEURONETICS SHARES WILL BE ISSUED TO GREENBROOK SHAREHOLDERS

* NEURONETICS INC: GREENBROOK SHAREHOLDERS WILL OWN ABOUT 43% OF COMBINED COMPANY

* NEURONETICS INC: NEURONETICS' EXECUTIVE MANAGEMENT TEAM WILL CONTINUE WITH COMBINED COMPANY

* NEURONETICS INC: COMBINED COMPANY EXPECTS MID-TEENS Y-O-Y REVENUE GROWTH IN FISCAL YEARS 2025 & 2026

* NEURONETICS INC: COMBINED COMPANY WILL CONTINUE TO OPERATE AS NEURONETICS AND TRADE UNDER TICKER 'STIM' ON NASDAQ

Source text for Eikon: Further company coverage:

(Reuters.Briefs@thomsonreuters.com)

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