Brief: Danam Health Inc And Artemis Strategic Investment Corporation Announce The Execution Of A Definitive Merger Agreement

Artemis Strategic Investment

07/08/2023 16:19

Aug 7 (Reuters) - Artemis Strategic Investment Corp
 ARTE.O :
    * DANAM HEALTH INC AND ARTEMIS STRATEGIC INVESTMENT
CORPORATION
ANNOUNCE THE EXECUTION OF A DEFINITIVE MERGER AGREEMENT
    * ARTEMIS STRATEGIC INVESTMENT CORP - PRO FORMA EQUITY VALUE
OF
THE COMBINED COMPANY IS EXPECTED TO BE APPROXIMATELY $200
MILLION
    * ARTEMIS STRATEGIC INVESTMENT CORP SAYS FOLLOWING CLOSING
OF
MERGER, SUREN AJJARAPU WILL SERVE AS CEO AND CHAIRMAN OF BOARD
OF DANAM HEALTH
    * ARTEMIS STRATEGIC INVESTMENT CORP - COMBINED CO TO BE
NAMED
DANAM HEALTH HOLDINGS CORPORATION
    * ARTEMIS STRATEGIC INVESTMENT CORP SAYS BOARD OF DIRECTORS
OF
DANAM HEALTH ALSO EXPECTED TO INCLUDE PHILIP KAPLAN AND PRASHANT
PATEL
    * ARTEMIS STRATEGIC INVESTMENT CORP - DANAM HEALTH’S COMMON
STOCK
AND WARRANTS ARE EXPECTED TO BE LISTED ON NASDAQ
    * ARTEMIS STRATEGIC INVESTMENT CORP - ARTEMIS’ NEWLY CREATED
SUBSIDIARY, ASIC MERGER SUB, WILL MERGE WITH AND INTO A DANAM,
WITH DANAM SURVIVING

Source: [https://bit.ly/3QtyCew]
Further company coverage:  ARTE.O