Digital Transformation Opportunities Corp.

Digital Transformation Opportunities Corp.

DTOC
Digital Transformation Opportunities Corp.US flagNASDAQ Capital Market
25.97
USD
+12.27
- -
262.55MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

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Company Description

MCPAPIChat
CEO
Kevin Nazemi
Sector
Financial Services
Industry
Shell Companies
Address
10485 NE 6th Street Bellevue WA United States of America 98004
IPO Date
May 5, 2021
Business
Digital Transformation Opportunities Corp. (DTOC; NASDAQ:DTOC) is a blank check company, or special purpose acquisition company (SPAC), formed in 2020 and headquartered in Bellevue, Washington, that seeks to effect mergers, share exchanges, asset acquisitions, or similar business combinations primarily with targets in the healthcare industry leveraging digital technologies. The company, which completed its initial public offering in 2021, currently holds no substantial operations or products but maintains cash raised from its IPO in trust pending a de-SPAC transaction; it focuses on innovative businesses in areas such as cloud computing, artificial intelligence, and healthcare delivery systems. Geographically, DTOC operates from the United States with a target focus on domestic healthcare opportunities. In 2022, DTOC announced a proposed business combination with American Oncology Network (AON), a physician-led network providing oncology services across 19 states, valuing the pro forma entity at approximately $497 million enterprise value with up to $100 million in PIPE financing; the deal, initially targeted for closure in early 2023, included sponsor earnouts and lock-up provisions but has not closed as of late 2025, prompting multiple deadline extensions including in July 2023. The company received a small funding infusion of $0.15 million in March 2023 amid ongoing merger pursuits. No further acquisitions, partnerships, new product launches, or strategic shifts have materialized in 2024 or 2025, leaving DTOC in a pre-combination phase with its charter deadline potentially extended beyond original terms.

Company News

MCPAPIChat
  • Nature's Sunshine Appoints John Hnanicek as Chief Technology Officer

  • American Oncology Network, a Rapidly Growing Network of Community-Based Oncology Practices, to go Public through Business Combination with Digital Transformation Opportunities Corp.

  • Digital Transformation Opportunities Corp. Announces the Separate Trading of Its Class a Common Stock and Warrants, Commencing on April 30, 2021