First Choice Healthcare Solutions, Inc. and Westin Acquisition Corp Announce Definitive Business Combination Agreement to Create a Publicly Traded Healthcare and Wellness Company

First Choice Healthcare Solutions, Inc. and Westin --> Accessibility: Skip TopNav First Choice Healthcare Solutions, Inc. and Westin Acquisition Corp Announce Definitive Business Combination Agreement to Create a Publicly Traded Healthcare and Wellness Company July 22, 2026 17:20 ET | Source: Westin Acquisition Corp Westin Acquisition Corp Transaction Highlights Transaction expected to accelerate First Choice Healthcare Solutions, Inc.’s strategic rebrand to Wellgevity 360, a next-generation healthcare and wellness platform focused on longevity, preventative care, and personalized, biology-driven treatment solutions; Transaction values First Choice Healthcare at a pro forma enterprise value of approximately $650 million; According to Global Wellness Institute, the United States’ fast-growing wellness economy is now valued at $2.1 trillion growing at an annual rate of 7.9% from 2019 to 2024; Wellness economy per capita spending in the US surpassed the $6,000 threshold in 2024, reaching $6,293, while the sector now accounts for 7.33% of the nation’s GDP; First Choice Healthcare Solutions mission is to deliver clinician-led end-to-end, whole-person care that integrates primary care, wellness, and longevity services to improve a patient’s quality of life; Backed by an experienced management team spanning emerging growth, healthcare services, and biopharmaceuticals; Post-combination company expected to trade on Nasdaq; Transaction expected to close in the fourth quarter of 2026, subject to customary approvals and closing conditions. New York and NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- First Choice Healthcare Solutions, Inc. (OTCQB: FCHS), a Delaware corporation (“ First Choice ” or the “ Company ”), announced today that it has entered into an Agreement and Plan of Merger (the “Agreement”) with Westin Acquisition Corp. (Nasdaq: WSTN, WSTNR, WSTNU) (“ Westin ”), a Cayman Islands exempted company and special purpose acquisition company, and First Choice Acquisition Corp., a Delaware corporation (“ Merger Sub ”), pursuant to which, immediately prior to the closing of the proposed business combination, Westin will domesticate from the Cayman Islands to the State of Nevada and continue as Wellgevity 360, Inc. (“ PubCo ”), following which Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of PubCo (the “ Proposed Transaction ”). First Choice Healthcare Solutions, Inc. is engaged in providing healthcare services through developing and operating functional health, longevity and regenerative medicine clinics and related healthcare businesses. Expanding Footprint in the Wellness and Longevity Markets The global wellness and longevity markets are experiencing unprecedented expansion, driven by an aging global demographic and a profound consumer shift toward proactive health, anti-aging therapies, and personalized medicine. First Choice delivers clinician-led, whole-person care by integrating primary care, advanced diagnostics, regenerative therapies, medical weight loss, and hormone optimization. This Proposed Transaction positions the Company to scale its national footprint, enhance its service offering and technological infrastructure, and meet the rising demand for life-improvement and preventive clinical services. A Significant Market Opportunity According to the Global Wellness Institute , the global wellness economy reached a record $6.8 trillion and is forecast to expand at a 7.6% annual rate to approach $9.8 trillion by 2029 ; Millennials and Gen Z drive a "prejuvenation" trend, shifting med-spas and aesthetics clinics into holistic longevity and screening centers; Genomics and nutraceuticals remain the largest revenue drivers, while emerging technologies like biomarkers and senolytics are seeing the fastest growth as AI advances precision medicine The Financial Model for Longevity Medicine may be a more Durable Business Cash pay reduces insurance dependency Membership programs can create predictable recurring revenue High-income demographics with inelastic health spending The service ecosystem creates compounding revenue potential per patient Mr. Kok Peng Na , Chairman/CEO of Westin , said, “The merger reflects our commitment to partnering with a company with an innovative healthcare platform, experienced management team and significant growth potential. We believe the Company is well positioned to capitalize on the growing demand for primary care, wellness and regenerative medicine services, and that this proposed transaction will provide the resources, public market access, and strategic flexibility needed to support its next phase of growth.” Mr. Lance Friedman, CEO of First Choice Healthcare Solutions, Inc., commented , “This business combination marks a transformative milestone for First Choice as we capitalize on the accelerating demand for longevity and functional medicine. By combining our clinical model with Westin's public market access, we expect