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CareMax (Deerfield Healthcare) Priced, Nasdaq: CMAX

Third healthcare-focused blank check company formed by Deerfield Management and Robert Barasch (completed 6/8/2021).

Industry: SPAC

First Day Return: +6.3%

Industry: SPAC

We are a newly-organized blank check company incorporated in May 2020 as a Delaware corporation whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. Our strategy will be to identify, acquire and, after our initial business combination, build, a healthcare or healthcare-related business. We intend to focus our investment effort broadly across the entire healthcare industry, which encompasses services, therapeutics, devices, diagnostics and animal health and services. We intend to seek initial business combination targets with smaller enterprise values and to particularly focus on the life sciences, medical technology, digital health and technology-enabled services sectors. The company was jointly founded by our management team and Deerfield Management, a healthcare investment firm with over $10.5 billion in regulatory assets under management as of March 31, 2020. We believe that the experience of our management team and our relationship with Deerfield Management will allow us to source, identify and execute an attractive transaction for our stockholders.
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CareMax (Deerfield Healthcare) (CMAX) Performance