Stockholders green light DFB, AdaptHealth merger

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Friday, November 8, 2019

NEW YORK – DFB Healthcare Acquisitions stockholders have voted to approve all of the proposals related to its merger with AdaptHealth Holdings. The company’s board of directors previously approved the combination and recommended that stockholders do the same. Stockholders also approved proposals to: change DFB’s name to AdaptHealth and remove certain provisions related to DFB’s status as a blank check company; issue certain securities for complying with applicable listing rules of the Nasdaq Capital Market; approve the AdaptHealth stock incentive plan and employee stock purchase plan; and elect seven directors to the board (Richard Barasch, Alan Quasha, Terence Connors, Dr. Susan Weaver, Dale Wolf, Luke McGee and Joshua Parnes). Following the close of the merger, the combined company’s Class A common stock and warrants will continue to be listed on the Nasdaq under the ticker symbols “AHCO” and “AHCOW,” respectively.