EL7.AI
Mergers & AcquisitionsMedium•22 July 2026•
1 min read

First Choice Healthcare to Merge with Westin Acquisition in $650M Wellgevity 360 Deal

Key Facts

1First Choice Healthcare Solutions entered a definitive merger agreement with Westin Acquisition Corp (SPAC) at a pro forma enterprise value of $650 million.
2The combined entity will rebrand as Wellgevity 360 and is expected to trade on the Nasdaq stock exchange.
3The transaction is expected to close in the fourth quarter of 2026, subject to customary approvals and conditions.

Amid the rapid expansion of the preventative healthcare sector, First Choice Healthcare Solutions has announced a definitive merger agreement with Westin Acquisition Corp, a special purpose acquisition company (SPAC). The transaction sets a pro forma enterprise value of $650 million for the combined entity, which will be rebranded as Wellgevity 360. The new company is expected to trade on the Nasdaq stock exchange following the deal's closure, which is anticipated in the fourth quarter of 2026 subject to customary regulatory approvals.

The merger is designed to accelerate First Choice's strategic pivot into a next-generation wellness platform focused on longevity, tapping into the $2.1 trillion US wellness economy. According to reports, this transition from the OTCQB market to a Nasdaq listing is intended to provide the capital and visibility needed for long-term growth. This move reflects a broader sector dynamic where traditional healthcare providers are increasingly integrating wellness and preventative care into their core business models.

On the economic front, market participants are monitoring the Michigan Consumer Sentiment index scheduled for release on July 17, 2026, which may provide further insight into consumer appetite within the health and wellness spending categories.