Full Press Release Details
DFP Healthcare Acquisitions
Corp. Announces Special
Meeting Date to Approve Proposed Business
Combination with The Oncology Institute
Special Meeting of Stockholders Scheduled for
NEW YORK, October 22, 2021 -- DFP
Healthcare Acquisitions Corp. ("DFP") (Nasdaq: DFPH) announced today
that it has scheduled the special meeting of its stockholders (the "Special Meeting") for November 12, 2021 at 10:00
a.m., Eastern Time, to approve the proposed business combination (the "Business Combination") with The
Oncology Institute ( "TOI" or the "Company"), the U.S. market leader
in providing value-based oncology care.
DFP also announced that it has filed its definitive
proxy statement/prospectus for the Special Meeting and has commenced mailing the definitive proxy statement/prospectus to its stockholders
of record as of September 23, 2021, the record date for the Special Meeting (the "Record Date"). The closing of the Business
Combination is subject to approval by DFP's stockholders and the satisfaction of other customary closing conditions and is expected to
close as soon as practicable following the Special Meeting.
Your vote is important no matter how many shares
you own. You are encouraged to submit your vote as soon as possible. If you hold your shares in "street name," meaning that
your shares are held at an account at a brokerage firm, bank or other similar agent, you may vote prior to the Special Meeting by using
your voting control number and instructions provided to you by your brokerage firm, bank or other similar agent. Please contact your brokerage
firm, bank or other similar agent to ensure your shares are voted. If you are a stockholder of record, you may vote prior to the Special
Meeting by signing, dating, and mailing your proxy card in the return envelope provided with your proxy material.
If any DFP stockholder has any questions, needs
assistance in voting their shares or does not receive the Proxy Statement, that stockholder should contact their broker or Morrow Sodali,
DFP's proxy solicitor, at (800) 662-5200, or by email to DFPH.info@investor.morrowsodali.com.
About The Oncology Institute
Founded in 2007, The Oncology Institute of
Hope and Innovation (TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting.
TOI is dedicated to offering cutting-edge, evidence-based cancer care to a population of more than 1.5 million patients including
clinical trials, stem cell transplants, transfusions, and other care delivery models traditionally associated with the most advanced
care delivery organizations. With 80+ employed clinicians and more than 600 teammates in 50 clinic locations and growing, TOI is
changing oncology for the better. For more information visit www.theoncologyinstitute.com.
DFP Healthcare Acquisitions Corp.
DFP Healthcare Acquisitions
Corp. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more businesses. The Company's sponsor is an affiliate of Deerfield Management
Company, L.P., an investment firm focused exclusively on the healthcare industry, and Richard Barasch. The Company's strategy will
be to identify, acquire and, after its initial business combination, build, a healthcare or healthcare related business. The Company intends
to focus its investment effort broadly across the entire healthcare industry, which encompasses services, therapeutics, devices, diagnostics
Important Information and Where to Find
In connection with the proposed Business Combination,
DFP has filed a registration statement on Form S-4 (the "Registration Statement") with the Securities and Exchange Commission
(the "SEC"), which includes a proxy statement/prospectus and certain other related documents, that is both the proxy statement
to be distributed to holders of shares of DFP common stock in connection with DFP's solicitation of proxies for the vote by DFP's
stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as
the prospectus relating to the offer and sale of securities of DFP to be issued in the Business Combination.
Registration Statement was declared effective by the SEC on October 22, 2021 and DFP will mail the definitive proxy statement/prospectus
and other relevant documents to its stockholders as of the Record Date. DFP's stockholders, and other interested persons are advised
to read the definitive proxy statement/prospectus and other documents filed in connection with the proposed Business Combination, as these
materials contain important information about DFP, TOI and the Business Combination. DFP stockholders and TOI stockholders may also obtain
copies of the definitive proxy statement/prospectus and other documents filed with the SEC, without charge at the SEC's website at www.sec.gov,
or by directing a request to: DFP Healthcare Acquisitions Corp. at its principal executive offices 345 Park Avenue South, New York, NY
Participants in the Solicitation
DFP and its directors and executive officers may
be deemed participants in the solicitation of proxies from DFP's stockholders with respect to the proposed Business Combination.
A list of the names of those directors and executive officers and a description of their interests in DFP is contained in the definitive
proxy statement/prospectus and is available free of charge at the SEC's web site at www.sec.gov, or by directing a request to DFP
Healthcare Acquisitions Corp. at its principal executive offices 345 Park Avenue South New York, New York 10010. Additional information
regarding the interests of such participants is contained in the Registration Statement.
TOI's directors and executive officers may
also be deemed to be participants in the solicitation of proxies from the stockholders of DFP in connection with the Business Combination.
A list of the names of such directors and executive officers and information regarding their interests in the Business Combination is
included in the Registration Statement.
Forward-Looking Statements
This communication includes certain statements
that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private
Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe,"
"may," "will," "estimate," "continue," "anticipate," "intend,"
"expect," "should," "would," "plan," "predict," "potential," "seem,"
"seek," "future," "outlook," and similar expressions that predict or indicate future events or trends
or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding
projections, estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and
expectations, the expectation that DFP's common stock will continue to be listed on Nasdaq, and the anticipated special meeting
date and closing date of the proposed Business Combination. These statements are based on various assumptions and on the current expectations
of DFP and TOI and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive
statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions.
Many actual events and circumstances are beyond the control of DFP and TOI. These forward-looking statements are subject to a number of
risks and uncertainties, including the outcome of judicial and administrative proceedings to which DFP following the Business Combination
(hereafter, "The Oncology Institute") may become a party or governmental investigations to which The Oncology Institute may
become subject that could interrupt or limit The Oncology Institute's operations, result in adverse judgments, settlements or fines
and create negative publicity; changes in The Oncology Institute's clients' preferences, prospects and the competitive conditions
prevailing in the healthcare sector; the inability of the parties to successfully or timely consummate the proposed Business Combination,
including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that
could adversely affect the combined company or the expected benefits of the proposed Business Combination or that the approval of the
stockholders of DFP and/or the equity holders of TOI for the proposed Business Combination is not obtained; failure to meet stock exchange
listing standards following the consummation of the Business Combination; costs related to the Business Combination; failure to realize
the anticipated benefits of the proposed Business Combination, including as a result of a delay in consummating the proposed Business
Combination or a delay or difficulty in integrating the businesses of DFP and TOI; the amount of redemption requests made by DFP's
stockholders; the impact of COVID-19 on the combined company's business and/or the ability of the parties to complete the proposed
Business Combination; those factors discussed in the Registration Statement under the heading "Risk Factors," and other documents
of DFP filed, or to be filed, with the SEC. If the risks materialize or assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There may be additional risks that neither DFP nor TOI presently know or
that DFP and TOI currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking
statements. In addition, forward- looking statements reflect DFP's and TOI's expectations, plans or forecasts of future events
and views as of the date of this press release. DFP and TOI anticipate that subsequent events and developments will cause DFP's
and TOI's assessments to change. DFP and TOI do not undertake any obligation to update any of these forward- looking statements.
These forward-looking statements should not be relied upon as representing DFP's and TOI's assessments as of any date subsequent
to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
This communication is for informational purposes