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Rennova Health entered into an agreement to sell certain of accounts receivable

Thursday, April 07, 2016

Rennova Health, Inc., a delaware corporation, entered into an agreement to sell certain of accounts receivable.

Receivables sold had estimated collectable value of $8.7 million and have been adjusted down to about $4.3 million in books and records.

Purchase price for accounts receivable sold was $5 million.


Source : reuters.com