Digital Health Acquisition Corp. Announces Listing Transfer to the Nasdaq Capital Market

Rhea-AI Summary

Digital Health Acquisition Corp. has received approval from Nasdaq to transfer the listing of its securities from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer will be effective from October 30, 2023.

Positive

• Digital Health Acquisition Corp. resolves compliance issues with Nasdaq listing requirements by transferring its securities to the Nasdaq Capital Market.

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• None.

Boca Raton, FL, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Digital Health Acquisition Corp. (the “Company” or “Digital Health”) (NASDAQ: DHAC), announced today that it received approval from the Nasdaq Stock Market (“Nasdaq”) to transfer the listing of its securities (including the common stock, units, and warrants) (the “Securities”) from the Nasdaq Global Market to the Nasdaq Capital Market. The Company’s common stock, units and warrants will continue to trade under the symbols “DHAC,” “DHACU” and “DHACW,” respectively and the trading of its Securities will be unaffected by this transfer. This transfer will be effective as of the opening of business on October 30, 2023.

As previously disclosed on the Company’s Current Reports on Form on 8-K filed with the Securities and Exchange Commission on September 29, 2023 and October 13, 2023, the Company received notifications from Nasdaq indicating the Company failed to comply with certain continued listing requirements for the Nasdaq Global Market. Upon the transfer of the listing of the Company’s Securities to the Nasdaq Capital Market on October 30, 2023, each of the deficiencies will be resolved.

About Digital Health Acquisition Corp.

Digital Health Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Digital Health, comprised of a team of industry professionals and leaders with deep insight and relationships in healthcare, software systems, mergers and acquisitions and related fields. Digital Health was formed as a special purpose acquisition company that raised $115 million in an initial public offering in November 2021, intending to utilize the proceeds for acquiring scalable businesses in healthcare.

More information can be found at www.digitalhealthacquisition.com.

Contacts

For investor inquiries about Digital Health, VSee, or iDoc please contact:

LHA Investor Relations
Tirth T. Patel
Tel: 212-201-6614
Email: tpatel@lhai.com

FAQ

What is the transfer of listing for Digital Health Acquisition Corp. securities?

Digital Health Acquisition Corp. has received approval to transfer the listing of its securities from the Nasdaq Global Market to the Nasdaq Capital Market.

When will the transfer be effective?

The transfer of the listing will be effective from October 30, 2023.

What issues did Digital Health Acquisition Corp. face with Nasdaq listing requirements?

Digital Health Acquisition Corp. failed to comply with certain continued listing requirements for the Nasdaq Global Market.

How will the transfer impact Digital Health Acquisition Corp. securities?

The transfer will resolve the compliance issues and the trading of Digital Health Acquisition Corp. securities will be unaffected.