The target is a vertically integrated, tech-enabled chain of healthcare centers that combines integrative, functional, preventive, and regenerative medicine.
Churchill VII has said it will "focus on a target in an industry where we believe our management team and founder’s expertise will provide us with a competitive advantage."
The SPAC has a pending merger deal with Griid, which is engaged in bitcoin mining. Its current deadline to close is Jan. 14, although Adit seeks up to six monthly extensions to get the deal across the finish line.