MergerJul 22, 2026, 05:22 PM
Westin Acquisition to Merge with First Choice Healthcare for $650M
AI Summary
Westin Acquisition Corp. announced an Agreement and Plan of Merger with First Choice Healthcare Solutions, Inc. The transaction values First Choice Healthcare at a pro forma enterprise value of approximately $650 million. Following the merger, Westin will domesticate to Nevada and continue as Wellgevity 360, Inc., with First Choice Healthcare becoming a wholly-owned subsidiary. The combined entity, focused on longevity and preventative care, is expected to trade on Nasdaq, with the transaction anticipated to close in Q4 2026.
Key Highlights
- Westin Acquisition Corp. to merge with First Choice Healthcare Solutions, Inc.
- Transaction values First Choice Healthcare at approximately $650 million pro forma enterprise value.
- First Choice Healthcare Solutions to rebrand as Wellgevity 360, Inc. post-merger.
- Combined company expected to trade on Nasdaq.
- US wellness economy valued at $2.1 trillion, growing 7.9% annually from 2019-2024.
- Global wellness economy reached $6.8 trillion, forecast to grow 7.6% annually to $9.8 trillion by 2029.
- Transaction expected to close in the fourth quarter of 2026.
Price Impact
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