The new SPAC new SPAC, Health Assurance Acquisition Corp., is sponsored by General Catalyst and backed by Thomas Jefferson University and Jefferson Health CEO Stephen Klasko, M.D. and others.
The deal gives the combined company a pro forma implied enterprise value of approximately $1.9 billion and anticipated market capitalization of approximately $1.4 billion at closing.
Digital Health Acquisition amended the termination date on its merger agreements with VSee Lab, a telehealth software company, and iDoc Telehealth, a neurocritical care and intensive care telehealth provider.