American Oncology Network And Digital Transformation Opportunities Corp. Announce Completion Of Business Combination
Portfolio Pulse from Benzinga Newsdesk
American Oncology Network (AON) and Digital Transformation Opportunities Corp. (DTOC) have completed their previously announced business combination. The combined company will be renamed American Oncology Network, Inc., and its common stock will start trading on the Nasdaq under the ticker symbol 'AONC' from September 21, 2023. AON has grown significantly since its inception in 2018, now including over 1,500 employees and over 200 providers in more than 75 clinics serving over 450,000 patients nationwide. The DTOC partnership and recent strategic investment from AEA Growth will help further AON's goals of supporting community oncology practices and improving the patient experience.
September 20, 2023 | 6:43 pm
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DTOC has completed its business combination with AON. The combined company will trade under the new ticker 'AONC'. This could potentially increase the value of DTOC's shares in the short term.
The completion of the business combination between DTOC and AON could potentially increase the value of DTOC's shares in the short term as investors may see this as a positive development for the company. The combined company will also start trading under a new ticker, which could attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100