UPD Holding Corp. Acquires Vital Behavioral Health

UPD Holding Corp. closed its acquisition of Vital Behavioral Health, Inc. UPD issued 16,840,000 shares of its restricted common stock to the Vital shareholders in exchange for 100% of the outstanding common stock of Vital. Vital Behavioral Health was formed for the purpose of becoming a provider of Medicare and Medicaid-eligible addiction treatments and therapies under the brand Vital Behavioral Health™, as well as a sober and transitional living accommodations under the brand Vital Sober Living™.

Vital Behavioral Health intends to provide medically monitored withdrawal management services, a partial hospitalization program (PHP), an intensive outpatient program (IOP . . .