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Digital Health Acquisition Corp   (DHAC)
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Price: $12.1099 $0.54 4.690%
Day's High: $15.69 Week Perf: -15.32 %
Day's Low: $ 11.22 30 Day Perf: -13.13 %
Volume (M): 65 52 Wk High: $ 33.08
Volume (M$): $ 785 52 Wk Avg: $12.64
Open: $12.50 52 Wk Low: $11.07



 Market Capitalization (Millions $) 44
 Shares Outstanding (Millions) 4
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Digital Health Acquisition Corp
Digital Health Acquisition Corp is a special purpose acquisition company (SPAC) that is focused on acquiring and merging with companies in the digital health sector. The company's goal is to identify and invest in innovative digital health businesses that have the potential for growth and can make a significant impact in improving healthcare outcomes. Digital Health Acquisition Corp raises funds through an initial public offering (IPO) and uses the proceeds to identify and acquire these target companies. By combining financial resources with the expertise and network of Digital Health Acquisition Corp, the acquired companies can gain access to capital and additional operational support to help them scale and accelerate their growth.


   Company Address: 980 N Federal Hwy #304 Boca Raton 33432 FL
   Company Phone Number: 672-7068   Stock Exchange / Ticker: NASDAQ DHAC


   

Stock Performances by Major Competitors

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Business Update

Digital Health Acquisition Corp. Successfully Completes Merger, Emerges as VSee Health, Inc.

Published Tue, Jun 25 2024 12:47 AM UTC

In a recent development, Digital Health Acquisition Corp. (Nasdaq: DHAC), a Special Purpose Acquisition Company (SPAC), has announced the successful completion of its business combination. This involved the merger of Digital Health Acquisition Corp. with prominent healthcare technology firms VSee Lab, Inc. and iDoc Virtual Telehealth Solutions, Inc. As a result of the merger...

Business Update

Digital Health Acquisition Corp. Announce Closing of Business Combination Transaction

Published Mon, Jun 24 2024 10:47 PM UTC

New Dawn for Telehealth: Digital Health Acquisition Corp. Finalizes Business Combination to Form VSee Health, Inc.In a landmark move within the healthcare technology sector, Digital Health Acquisition Corp. (Nasdaq: DHAC), a Special Purpose Acquisition Company (SPAC), has announced the successful closure of its previously disclosed business combination. This pivotal transac...

Digital Health Acquisition Corp

DHAC Takes on the Future of Healthcare with Strong Earnings Report

Digital Health Acquisition Corp (DHAC) has recently reported its financial performance for the first quarter of 2024, showcasing a significant improvement over the previous year. Despite disclosing an operating shortfall of $-0.674262 million, this represents a positive outcome compared to the operating shortfall of $-0.707592 million in the same period last year.
Undoubtedly, this news is encouraging for DHAC investors and shareholders as the deficit has reduced to $-0.968 million from $-1.895 million in the first quarter of 2023. This improvement in financial performance indicates that DHAC is on the right track to become a prominent player in the Medical Equipment & Supplies industry.

Digital Health Acquisition Corp

Breaking News: Medical Equipment Company Minimizes Losses, Records Remarkable Progress with $-1.13M in Recent Fiscal Period

/>In the medical equipment and supplies sector, industry analysts are closely scrutinizing the third quarter financial performance of Digital Health Acquisition Corp (DHAC). With a reported operating loss of $-0.518084 million, the company has yet to disclose any top-line figures for the July to September 2023 reporting season. However, the current results reflect a significant improvement compared to the same period in 2022, where the operating loss stood at $-1.129361 million. This development serves as a key indicator for the company's overall situation.
Growing Importance of Cost-Effectiveness in the Market:
For emerging growth entities such as DHAC, developing sustainable revenue sources is crucial to advancing to the next phase. Consequently, cost-effectiveness has become a vital aspect for these companies to remain competitive in the industry. Despite DHAC's efforts to prompt revenue sources, it is noteworthy that the company achieved not only a net profit of $0.078 million but also outperformed its Q3 2022 results.

Digital Health Acquisition Corp

Digital Health Acquisition Corp Faces Drop in Value, but Shows Promising Improvement with Q2 2023 Financial Report

During the past 5 trading days, Digital Health Acquisition Corp shares experienced a drop in their value, leading to a 8.72% decline in their year-to-date performance. Additionally, these shares are currently 1.3% lower than their 52-week high. This news comes amidst the earnings cycle for the fiscal period of April to June 2023, where numerous companies, including those in the Medical Equipment & Supplies industry, have disclosed their financial numbers.
One of the companies that have recently shared their financial results is Digital Health Acquisition Corp. They reported an operating deficit of -$0.442429 million for the fiscal second quarter of 2023. Despite the deficit, this news is seen as a promising revelation, especially when compared to the Q2 figures of the previous year, which showed an operating deficit of -$0.722162 million. This improvement gives market observers confidence in the company's performance.










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