The SPAC disclosed that it has adjourned the meeting in order to provide additional time to effectuate the extension timeline for its proposed merger with Consumer Direct. As of now, DTRT Health has a deadline of December 6, but is hoping to add three months on its clock to obtain a new deadline of March 7, 2023.
The meeting will reconvene on December 6, at 3:00 p.m. Central Time.
DTRT recently inked its $681 million deal with healthcare company Consumer Direct on September 29. Missoula, Montana-based Consumer Direct offers self-directed home care to disabled and elderly clients in 14 states through Medicaid, private insurance and managed healthcare plans.