InvestmentMay 13, 2026, 09:02 AM
Mobile-health Network Solutions Secures Up to $100M Private Equity Funding
AI Summary
Mobile-health Network Solutions (MNDR) has entered into a non-binding Letter of Memorandum with White Group Pte. Ltd. to facilitate up to US$100 million in private equity funding. This strategic collaboration aims to support MNDR's AI-powered healthcare expansion, particularly in sports health physiotherapy and digital care initiatives. White Group is tasked with identifying a suitable U.S.-based private equity fund candidate within 60 days, with a facilitation fee payable upon each drawdown of funds.
Key Highlights
- Mobile-health Network Solutions entered a non-binding memorandum with White Group Pte. Ltd.
- White Group will facilitate up to US$100 million in private equity funding for MNDR.
- Funding is designated for AI-powered healthcare expansion, including sports health physiotherapy.
- White Group to present a private equity fund candidate within 60 days (by July 2026).
- Facilitation fee for White Group is 5% of drawn capital, payable in shares or 2.5% shares and 2.5% cash.
- Shares issued for the fee will be valued at the prevailing market price on drawdown dates.