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Conversion Labs Increases Stake in Fast-Growing SaaS Subsidiary
NEW YORK, Jan. 28, 2021 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (NASDAQ: CVLB), a leading direct-to-consumer telemedicine company, has increased its stake in its legacy LegalSimpli Software subsidiary from 51% to 82.6%, largely from the conversion of long-term debt held by Conversion Labs into equity. LegalSimpli operates PDFSimpli.com, an online software-as-a-service (SaaS) that allows users to easily create,…
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