LifeMD, Inc. (LFMD) filed a Form 8-K on November 4, 2025, announcing the closing of the sale of its 80% stake in WorkSimpli Software LLC. This divestiture is a strategic move to establish LifeMD as a pure-play health platform, focusing resources on core virtual care and pharmacy operations, including scaling existing weight management and women’s health services and launching longitudinal cardiometabolic care in H1 2026.
The transaction values WorkSimpli at an enterprise value of approximately \(65.0 million. LifeMD received approximately \)22.0 million in cash proceeds at closing, subject to w
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