Data Knights Acquisition Corp. (DKDCA) Shareholders Approve OneMedNet Deal
by Marlena Haddad on 2023-10-18 at 4:42pm

Data Knights Acquisition Corp. (NASDAQ:DKDCA) announced that its shareholders approved its combination with medical image archiver OneMedNet at a special meeting held yesterday.

In connection with the meeting, stockholders holding 1,614,148 shares of Class A Common Stock exercised their right to redeem such shares for a pro-rata portion of the funds.

As a result, $17.9 million, approximately $11.12 per share, will be removed from Data Knights’ trust, leaving around $1.1 million in the account.

The parties have not yet provided a timeline regarding the closing of the deal, but the combined company is expected to trade on the Nasdaq once it is completed.
Data Knights initially announced its $317 million combination with OneMedNet in April 2022. Minneapolis-based OneMedNet provides researchers with an archive of regulatory-grade medical images from scans and other hospital records.
All other proposals on the ballot were approved by stockholders with minimal pushback.
Data Knights Acquisition Corp. (DKDCA) Shareholders Approve OneMedNet Deal
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