Westin Acquisition Corp Units

WSTN: 8-K · material agreement

Westin Acquisition Corp. entered into a Business Combination Agreement to acquire First Choice Healthcare Solutions, Inc., a provider of healthcare services and regenerative medicine clinics, in a transaction with an equity value of up to approximately $650 million. The agreement provides for Westin to domesticate from the Cayman Islands to Nevada as Wellgevity 360, Inc., immediately followed by a merger where First Choice becomes a wholly-owned subsidiary. Concurrently with the transaction, Westin announced a change in its sponsor ownership. Westin Ventures Holdings Ltd. transferred all shares of the sponsor, Westin Investment Co. Ltd., to EU Asia Holidays Pte. Ltd., resulting in Hanjie Ong becoming the ultimate controlling person of the sponsor. The closing of the business combination is contingent upon customary conditions, including shareholder approvals and the effectiveness of a registration statement on Form S-4. The transaction also contemplates a private investment in public equity (PIPE) of up to $10 million and the concurrent acquisition of the Pointe Med Entities.

SEC 8-K•2mo ago

First Choice Healthcare Solutions, Inc. and Westin Acquisition Corp Announce Definitive Business Combination Agreement to Create a Publicly Traded Healthcare and Wellness Company

Westin Acquisition Corp entered into a definitive agreement to merge with First Choice Healthcare Solutions, creating a publicly traded healthcare and wellness company named Wellgevity 360. The transaction implies a pro forma enterprise value of approximately $650 million for First Choice, positioning the combined company to capitalize on the $6.8 trillion global wellness economy. The deal is expected to close in the fourth quarter of 2026, subject to shareholder and regulatory approvals, with the combined company listing on Nasdaq.

•3mo ago