- CEO
- Scott J. Wolf
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 980 North Federal Highway Boca Raton FL United States of America 33432
- IPO Date
- Nov 4, 2021
- Business
- Digital Health Acquisition Corp. (NASDAQ: DHACU) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting innovative companies in the digital health sector, including telemedicine, remote monitoring, digital therapeutics and data analytics solutions. The company offers no current products or services beyond its SPAC structure, which provides public market access to target entities with established customer bases, recurring revenue models and global expansion potential; its units comprise one share of common stock and one redeemable warrant exercisable at $11.50 per share. Founded in 2021 and headquartered in Boca Raton, Florida, Digital Health Acquisition Corp. raised $115 million in its November 2021 initial public offering and conducts its search without geographic limitations, though it emphasizes scalable healthcare technology businesses valued between $175 million and $500 million. In June 2024, the company completed a $110 million business combination through mergers with VSee Lab, Inc., a Delaware-based provider of customizable HIPAA-compliant SaaS telehealth platforms addressing physician burnout and patient access, and iDoc Virtual Telehealth Solutions, Inc., a Texas-based specialist in neurocritical care and acute telehealth services; this transaction resulted in the company rebranding as VSee Health, Inc. and transitioning from a SPAC to an operating digital health entity traded under a new ticker. Prior to closing, the company executed multiple extensions of its business combination deadline, including a second amendment in April 2024 extending the termination date to June 30, 2024, alongside related adjustments to bridge financing notes and extension promissory notes totaling approximately $466,667. The combined entity targets healthcare providers of all sizes, unifying telehealth technologies into a single interface to enhance remote care delivery amid growing demand for digital health solutions.