Recent Updates — FCHS
First Choice Healthcare Solutions entered into an Amended and Restated Stock Purchase Agreement to acquire Pointe Medical Services, Inc., Pointe Med Pharmacy, Inc., Livewell MD, Inc., and Live Well Drugstore, LLC for a maximum aggregate purchase price of $21.3 million. The consideration includes a $7.0 million cash closing payment (less $300,000 in advances), a $3.0 million deferred cash payment evidenced by a promissory note, approximately $4.3 million in assumed indebtedness, and $6.0 million payable in PubCo common stock. A contingent performance bonus of up to $1.0 million is tied to EBITDA targets. The transaction is conditioned on the concurrent consummation of a business combination with Westin Acquisition Corp., which will result in First Choice becoming a wholly owned subsidiary of the new public holding company, PubCo. First Choice Healthcare Solutions operates in the healthcare services industry.
First Choice Healthcare Solutions, Inc. entered into a Business Combination Agreement with Westin Acquisition Corp. on July 22, 2026. The transaction values the company at an equity value of approximately $650 million. Westin will domesticate from the Cayman Islands to Nevada, rebranding as Wellgevity 360, Inc., and merge First Choice as a wholly owned subsidiary. Concurrently, First Choice agreed to acquire Pointe Medical Services, LLC and related entities. A $10 million PIPE investment for $12.5 million in PubCo Preferred Stock was also secured. The combined company is expected to trade on Nasdaq in the fourth quarter of 2026. First Choice Healthcare Solutions, Inc. operates functional health, longevity, and regenerative medicine clinics.