Consumer Direct Holdings, Inc. Announces New Employee Ownership Trust (EOT) that Strengthens Mission, Supports Long-Term Sustainability, and Empowers Caregivers
Consumer Direct Holdings, Inc. (CDH), known as Consumer Direct Care Network (CDCN), is proud to announce a transformational step in its commitment to long-term care. CDH is now partially employee-owned through the formation of an Employee Ownership Trust (EOT)—a model that puts caregivers at the center of company success. CDCN is Certified Employee Owned, with more than 30% of the company dedicated to employee ownership.
Consumer Direct Holdings, Inc. Announces Filing of Registration Statement on Form S-4 in Connection with Its Proposed Business Combination with DTRT Health Acquisition Corp.
Consumer Direct Holdings, Inc. (“CDH” or the “Company”), a leading provider of self-directed in-home personal care, and DTRT Health Acquisition Corp. (“DTRT”) (Nasdaq: DTRT, DTRTU, DTRTW) a publicly-traded special purpose acquisition company, announced today that a registration statement on Form S-4 (the “Registration Statement”) has been filed with the U.S. Securities and Exchange Commission ("SEC") by Grizzly New Pubco, Inc. (“New Pubco”), a wholly owned subsidiary of DTRT, which contains a preliminary proxy statement/prospectus, in connection with CDH’s previously announced proposed business combination with DTRT. The Registration Statement provides important information about DTRT, CDH and the proposed business combination, but the Registration Statement has not yet become effective and the information contained therein is subject to change.
Consumer Direct Holdings, a Leading Self-Directed Personal Care Network, Announces Plans to Become a Publicly Traded Company Via Merger with DTRT Health Acquisition Corp.
Consumer Direct Holdings, Inc. (“CDH” or “the Company”), a leading self-directed provider of in-home personal care that supports aging adults and individuals with disabilities, allowing them to live in their homes and communities by expanding choice and control, and DTRT Health Acquisition Corp. (“DTRT”) (Nasdaq: DTRT, DTRTU, DTRTW), a publicly-traded special purpose acquisition company, today announced a definitive agreement for a business combination that will result in CDH becoming a public company. The combined company will be called Consumer Direct Care Network, Inc. upon the closing of the transaction and is expected to be listed on Nasdaq under a new ticker symbol (“CDCN”). Consumer Direct Care Network, Inc. will be led by Ben Bledsoe, CDH’s current Chief Executive Officer and President, and the current leadership team.
