Wellnex Life Settles Deferred Consideration for Pain Away Acquisition

MT Newswires Live

2025/03/21

Wellnex Life (ASX:WNX) said it settled in full the deferred consideration for the Pain Away acquisition, resulting in annualized cost savings of around AU$600,000, according to a Friday filing with the Australian bourse.

It added that no further obligations to the Pain Away vendors remain.

A further disclosure will be issued at the beginning of trading on the AIM market of the London Stock Exchange on Friday.

Its shares fell over 5% on market close.

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