Brief: DFP Healthcare Acquisitions Corp Announces Proposed Business Combination With The Oncology Institute

Oncology Institute

28/06/2021 14:32

June 28 (Reuters) - DFP Healthcare Acquisitions Corp
 DFPH.O :
    * DFP HEALTHCARE ACQUISITIONS CORP - TRANSACTION VALUES
COMBINED
COMPANY AT A PRO FORMA ENTERPRISE VALUE OF APPROXIMATELY $842
MILLION
    * DFP HEALTHCARE ACQUISITIONS CORP - FOLLOWING DEAL, DFP TO
BE
RENAMED ONCOLOGY INSTITUTE & WILL REMAIN LISTED ON NASDAQ UNDER
NEW TICKER SYMBOL "TOI"
    * DFP HEALTHCARE ACQUISITIONS CORP - CURRENT EQUITY HOLDERS
OF
ONCOLOGY INSTITUTE WILL COLLECTIVELY OWN 48%, DEERFIELD WILL OWN
ABOUT 14% OF COMBINED CO
    * DFP HEALTHCARE ACQUISITIONS CORP - DFP ESTIMATES COMBINED
CO
WILL HAVE AN INITIAL MARKET CAPITALIZATION OF APPROXIMATELY
$1.06 BILLION

Source text for Eikon:  ID:nBw6qh6WYa 
Further company coverage:  DFPH.O 

 ((Reuters.Briefs@thomsonreuters.com;))