OneMedNet and Data Knights Acquisition today announced a business combination with a pro-forma enterprise value of $317 million.
OneMedNet’s data solutions connect healthcare providers and patients, offering direct access to clinical images and the associated contextual patient record.
Assuming no redemptions by Data Knights’ existing stockholders, aggregate consideration to OneMedNet equity holders will be approximately $317 million, consisting of up to $117 million of cash in the SPAC’s trust and $200 million or more of rollover equity.
The combined company plans to retain up to $113 million of cash on its balance sheet following the transaction. Read more.
