Danam Health And Artemis Strategic Investment Corporation Announce The Execution Of A Definitive Merger Agreement; Transaction Unanimously Approved At Expected Combined Pro Forma Enterprise Value Of $200M
Portfolio Pulse from Benzinga Newsdesk
Danam Health and Artemis Strategic Investment Corporation (NASDAQ:ARTE) have announced a definitive merger agreement, unanimously approved, with an expected combined pro forma enterprise value of $200M. The transaction is expected to provide Danam with access to capital markets and accelerate the development of its health ecosystem model. The merger is expected to be completed in Q4 2023.
August 07, 2023 | 12:13 pm
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Artemis Strategic Investment Corporation (NASDAQ:ARTE) is merging with Danam Health, a move that could provide Danam with access to capital markets and accelerate its growth. The merger is expected to be completed in Q4 2023.
The merger with Danam Health could provide Artemis Strategic Investment Corporation with a new growth avenue in the health services technology and pharmaceutical distribution sector. This could potentially increase the company's market value and attract more investors, leading to a positive impact on its stock price.
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