M&A
confidence high
sentiment neutral
materiality 0.75
First Choice Healthcare signs amended deal to buy Pointe Medical, Trulife Pharmacy for up to $21.3M
First Choice Healthcare Solutions, Inc.
- Purchase price up to $21.306M: $7M cash closing (less $300k advances), $3M deferred cash, $4.306M assumed debt, $3.5M equity, $2.5M minority stock, $1M performance bonus.
- Acquires Pointe Medical Services, Pointe Med Pharmacy, Livewell MD, and Live Well Drugstore (Trulife Pharmacy) from Gary C. Bernard, M.D.
- Closing conditioned on consummation of Business Combination with Westin Acquisition Corp. and effectiveness of Form F-4 registration statement.
- Outside date is 120 days from July 22, 2026, extendable to 180 days if F-4 remains under SEC review.
- Seller subject to non-compete/non-solicit for 3 years post-close; indemnification cap 10% of purchase price.