Brief: Deerfield Healthcare Technology Announces Proposed Business Combination To Form Caremax

Caremax

18/12/2020 16:33

Dec 18 (Reuters) - Deerfield Healthcare Technology
Acquisitions Corp  DFHT.O :
    * DEERFIELD HEALTHCARE TECHNOLOGY ACQUISITIONS CORP.
ANNOUNCES
PROPOSED BUSINESS COMBINATION TO FORM CAREMAX
    * DEERFIELD HEALTHCARE TECHNOLOGY - TOTAL CONSIDERATION FOR
CAREMAX MEDICAL CENTER'S BUSINESS, INCLUDING CARE OPTIMIZE, WILL
BE APPROXIMATELY $364 MILLION
    * DEERFIELD HEALTHCARE TECHNOLOGY - CURRENT EQUITY HOLDERS
OF
CAREMAX MEDICAL CENTERS WILL RECEIVE 68% IN CASH AND 32% IN
SHARES OF COMMON STOCK
    * DEERFIELD HEALTHCARE TECHNOLOGY ACQUISITIONS CORP - TOTAL
CONSIDERATION TO IMC HEALTH EQUITY HOLDERS WILL BE $250 MILLION
    * DEERFIELD HEALTHCARE TECHNOLOGY - CURRENT IMC HEALTH
EQUITY
HOLDERS WILL RECEIVE 45% IN CASH AND 55% IN SHARES OF COMMON
STOCK
    * DEERFIELD HEALTHCARE TECHNOLOGY - DFHT EXPECTS TO BE
RENAMED
CAREMAX, INC. AND WILL REMAIN LISTED ON NASDAQ STOCK MARKET
UNDER A NEW TICKER SYMBOL
    * DEERFIELD HEALTHCARE TECHNOLOGY ACQUISITIONS CORP -
CAREMAX'S
MANAGEMENT TEAM WILL BE LED BY CHIEF EXECUTIVE OFFICER CARLOS DE
SOLO
    * DEERFIELD HEALTHCARE TECHNOLOGY - ENTERED INTO DEFINITIVE
AGREEMENT FOR A BUSINESS COMBINATION WITH CAREMAX MEDICAL GROUP
& IMC MEDICAL GROUP HOLDINGS

Source text for Eikon:  ID:nBw2yrz6Sa 
Further company coverage:  DFHT.O 

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