The Digital Health Acquisition Corp. (DHAC) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered DHAC. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for DHAC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedDHAC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Digital Health Acquisition Corp. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DHAC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DHAC.
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When did it IPO
2021
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Dr. Scott J. Wolf M.D.
Market Cap
$43.6M
In 2023, DHAC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DHAC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Digital Health Acquisition Corp. has completed its merger with VSee Lab, Inc. and iDoc Virtual Telehealth Solutions, and is now renamed VSee Health, Inc. Trading under this new name begins immediately.
Why It Matters - The merger of DHAC with VSee Lab and iDoc enhances VSee Health's market position in digital health, potentially driving growth and attracting investor interest in the telehealth sector.
Summary - Digital Health Acquisition Corp. will transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective October 30, 2023. Trading symbols remain unchanged.
Why It Matters - The transfer to the Nasdaq Capital Market may indicate potential financial challenges for Digital Health, impacting investor confidence and stock valuation.
Summary - Digital Health Acquisition Corp. (NASDAQ: DHAC) extended its deadline for completing a business combination to August 8, 2023, after depositing a $350,000 fee into its trust account.
Why It Matters - The extension allows Digital Health Acquisition Corp. more time to find a merger target, potentially increasing the likelihood of a successful business combination and impacting investor confidence and stock performance.
Summary - Digital Health Acquisition Corp. filed a proxy statement to hold a special stockholder meeting on October 20, 2022, to vote on extending the deadline for its business combination to February 8, 2023.
Why It Matters - The extension proposal allows Digital Health Acquisition Corp. more time to secure a business combination, impacting liquidity and potential future valuations, which could influence investor confidence and stock performance.
Summary - A publicly listed entity plans to enhance VSee's and iDoc's market reach and commercial capabilities, aiming to capture various synergies.
Why It Matters - Expansion of VSee and iDoc indicates potential revenue growth and market share increase, enhancing overall company valuation and attractiveness to investors.