M&A / Property
Rocket Doctor AI Completes Acquisition of Alea Health to Expand Access to Therapist-Led Mental Health Care

AIDR · Price
Executive Summary
- Rocket Doctor AI Inc. completed the acquisition of Alea Health Holdings Ltd., issuing cash and 285,712 common shares as consideration.
- The transaction also includes repayment of a US $180,000 SAFE Note in monthly installments, with the first payment made at closing.
- Integration of Alee’s technology is expected to enhance Rocket Doctor AI’s AI‑driven clinical workflow and expand access to physician‑led digital health services across North America.
Key Details
- Consideration Paid:
- US $15,000 cash (previously paid as a deposit).
- 285,712 Rocket Doctor AI common shares issued to Alea shareholders at a deemed value of CAD $0.70 per share.
- SAFE Note Assumption:
- Principal balance of US $180,000 to be repaid in equal monthly installments of US $22,500 until fully satisfied.
- First installment paid concurrently with the closing of the transaction.
- Share Issuance Terms:
- Shares issued under National Instrument 45‑106 prospectus exemptions; subject to a statutory hold period of four months and one day.
- Consideration shares placed in escrow with a 28‑month release schedule – 20 % released every four months beginning on the first anniversary of closing.
- No Long‑Term Liabilities Assumed: Apart from the SAFE Note, Rocket Doctor AI did not assume any other long‑term liabilities of Alea.
- Strategic Rationale: Acquisition adds complementary AI and decision‑support capabilities, strengthening Rocket Doctor AI’s platform for physician‑led virtual/hybrid care and expanding service reach to underserved communities in Canada and the United States.
Notable Quotes
“This acquisition represents an important step forward in executing our strategy to build a scalable, physician‑led digital health ecosystem,” – Dr. Essam Hamza, CEO, Rocket Doctor AI.
“Joining Rocket Doctor AI allows Alea’s technology to scale within a broader clinical and operational framework that is deeply aligned with our original mission,” – Richard Dallala, Founder & CEO, Alea Health.
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Jun 30, 2026 · 08:00