On October 18, 2023, Data Knights Acquisition Corp. (Nasdaq: DKDCA), a special purpose acquisition company, marked a significant milestone in its corporate journey as it visited the iconic Nasdaq MarketSite in Times Square. This notable event was further commemorated as Jeffrey Yu, Chairman and Founder of OneMedNet Corporation, anticipated to merge with Data Knights, was in attendance.
In celebration of the imminent closing of the business combination of Data Knights and OneMedNet, the senior management team of OneMedNet rang the closing bell, signifying the culmination of months of strategic collaboration and deliberation. The two companies have forged a strong alliance, aimed at utilizing the innovative capabilities of OneMedNet with the financial strength and market access of Data Knights.
This landmark event comes after the filing of a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) back in July 2022.
Alarar Capital Group is the sole financial advisor to Data Knights, playing a pivotal role in this transaction, ensuring that the business combination aligns with the strategic objectives of both companies.
Founded in 2009, OneMedNet unlocks the significant value contained within the clinical image archives of healthcare providers by transforming Real-World Data into a valuable, quality asset that can help clinicians improve care and lower costs. Employing its proven OneMedNet iRWD™ solution, OneMedNet securely de-identifies, searches, and curates a data archive locally, bringing a wealth of internal and third-party research opportunities to providers. For more information, visit https://www.onemednet.com/.
Data Knights Acquisition Corp. is a blank check company formed for the purposes of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more tech or software businesses or entities.
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