Deerfield Healthcare Technology Acquisitions Corp. Announces Stockholder Approval of Business Combination With CareMax
Summary
NEW YORK & MIAMI--(BUSINESS WIRE)--Deerfield Healthcare Technology Acquisitions Corp. ("DFHT") (NASDAQ: DFHT; DFHTW; DFHTU), a special purpose acquisition company sponsored by an affiliate of Deerfield Management Company, L.P. (“Deerfield”) and Richard Barasch, a veteran healthcare public company executive and investor, announced today that DFHT stockholders have voted to approve all of the proposals related to the proposed business combination with CareMax Medical Group LLC (“CareMax”) and IMC Medical Group Holdings LLC (“IMC”), to create a technology-enabled care platform providing value-based care and chronic disease management to seniors. “We have spent the past decade cultivating a replicable business model to bring medical care to the underserved while delivering strong results for our equityholders. Following the closing of the business combination with DFHT, the Company will operate 26 wholly owned medical centers that offer a comprehensive suite of healthcare and social services, and a proprietary software and services platform that provides data, analytics, and rules-based decision tools/workflows for physicians across the United States. These forward-looking statements are subject to a number of risks and uncertainties, including the outcome of judicial and administrative proceedings to which CareMax or IMC may become a party or governmental investigations to which CareMax or IMC may become subject that could interrupt or limit CareMax’s or IMC’s operations, result in adverse judgments, settlements or fines and create negative publicity; changes in CareMax’s or IMC’s clients’ preferences, prospects and the competitive conditions prevailing in the healthcare sector; failure to realize the anticipated benefits of the business combination, including as a result of a delay in closing the business combination or a delay or difficulty in integrating the businesses of DFHT, CareMax and IMC; the amount of redemption requests made by DFHT’s stockholders; those factors discussed in DFHT’s proxy statement filed relating to the Business Combination, including those under “Risk Factors” therein, and other documents of DFHT filed with the SEC. In addition, forward-looking statements reflect DFHT’s, CareMax’s and IMC’s expectations, plans or forecasts of future events and views as of the date of this press release.