Sanaby Health Acquisition Corp. I operates as a blank check company focused on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, share purchases, or reorganizations with one or more businesses, primarily targeting opportunities in the healthcare sector including digital health, life science tools and services, and innovative therapeutics; it offers no operational products or services beyond its pursuit of an initial business combination. Founded in 2021 and headquartered in Palo Alto, California, the company conducted an initial public offering in October 2021 raising $172.5 million, with units trading under SANBU, common stock under SANB, and warrants under SANBW on Nasdaq. In October 2022, unable to complete a business combination within its required timeframe amid market dynamics and economic uncertainty, Sanaby Health Acquisition Corp. I dissolved and liquidated, redeeming public shares at approximately $10.22 each while warrants expired worthless; as of 2025, its securities trade nominally at minimal value with the entity listed as defunct or potentially delisted.