News Releases

Pet DRx Confirms Final Share Exhange Ratio January 14, 2008
Pet DRx Corporation (OTCBB: EHHA; EHHAW; EHHAU), a provider of veterinary primary care and specialized services to companion animals, today announced that, as disclosed in its Current Report on Form 8-K filed on January 10, 2008, the final exchange ratio for the merger consideration payable to former stockholders of XLNT Veterinary Care, Inc. is 0.771 per XLNT share. Thus, each issued and outstanding share of XLNT will be exchanged for 0.771 of a share of Pet DRx. Outstanding options, warrants and convertible securities issued by XLNT will be entitled to receive upon exercise or conversion, shares of Pet DRx calculated at the same exchange ratio… Full Press Release (PDF).
Echo Healthcare Completes Merger with XLNT Veterinary Care January 7, 2008
Echo Healthcare Acquisition Corp. (OTCBB: EHHA; EHHAW; EHHAU), a blank check company, today announced that its stockholders approved Echo's merger transaction with XLNT Veterinary Care, Inc., a provider of primary and specialty veterinary care services to companion animals with 26 fully-owned animal hospitals, on January 4, 2008. The closing of the merger took place promptly thereafter. In connection with the merger, Echo changed its name to Pet DRx Corporation. Holders of approximately 78% of Echo's outstanding common stock voted in favor of the transaction… Full Press Release (PDF).
Echo Healthcare Announces Indications of Interest from Certain Investors to Purchase Shares of Echo Common Stock January 3, 2008
Echo Healthcare Acquisition Corp. (OTCBB: EHHA), a blank check company, announced today that certain investors have indicated an interest in purchasing outstanding shares of Echo common stock and using their reasonable efforts to assist brokers in causing such shares to be voted in favor of Echo's proposed merger with XLNT Veterinary Care, Inc. at Echo's upcoming Special Meeting of Stockholders to be held on January 4, 2008… Full Press Release (PDF).
Echo Healthcare Extends Stockholder Vote on Proposed Merger with XLNT Veterinary Care to January 4, 2008 December 28, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced at its special meeting of stockholders today that it was temporarily adjourning its meeting to provide stockholders additional time to consider and vote on the proposed merger transaction with XLNT Veterinary Care, Inc. and the related matters set forth in the proxy statement/prospectus previously mailed to Echo stockholders. The Echo special meeting will reconvene on Friday, January 4, 2008 at 10:00 a.m., New York time at the offices of McDermott Will & Emery LLP, 340 Madison Avenue, New York, New York 10173… Full Press Release (PDF).
Echo Healthcare Extends Stockholder Vote on Proposed Merger with XLNT Veterinary Care to December 28, 2007 December 21, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced at its special meeting of stockholders today that the polls will remain open until Friday, December 28, 2007 for stockholders to vote on the proposed merger transaction with XLNT Veterinary Care, Inc. and the related matters set forth in the proxy statement/prospectus previously mailed to Echo stockholders. The special meeting has been temporarily recessed in order to provide Echo stockholders additional time to consider and vote on the proposed merger and related proposals, and will reconvene on Friday, December 28, 2007 at 10:00 a.m., New York time at the offices of McDermott Will & Emery LLP, 340 Madison Avenue, New York, New York 10173… Full Press Release (PDF).
Echo Healthcare Reschedules Stockholder Vote on Proposed Merger with XLNT Veterinary Care to December 21, 2007 December 12, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, today announced that it convened and then adjourned without conducting any business its special meeting of stockholders to vote on the proposed merger transaction with XLNT Veterinary Care, Inc. and the related matters set forth in the proxy statement/prospectus previously mailed to Echo stockholders. The special meeting will reconvene on Friday, December 21, 2007 at 10:00 a.m., Eastern Time at the offices of McDermott Will & Emery LLP, 340 Madison Avenue, New York, New York 10173… Full Press Release (PDF).
Echo Healthcare to Present at the Piper Jaffray 19th Annual Health Care Conference November 26, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, today announced that its management team will present at the Piper Jaffray 19th Annual Health Care Conference on Wednesday, November 28 at 10:30 a.m. Eastern Time at the Pierre Hotel in New York City. The Echo presentation will be web cast live and an archived version will be stored for 30 days… Full Press Release (PDF).
Echo Healthcare Allows DTC Delivery of Shares for Conversion November 26, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, today announced that stockholders seeking to exercise conversion rights in connection with Echo’s proposed merger with XLNT Veterinary Care, Inc. will be permitted to transfer their shares for conversion electronically through Depository Trust Company. Previously, Echo had indicated that stockholder would be required to deliver physical stock certificates in order to exercise their conversion rights, thus requiring stockholders holding shares in "street name" to request a physical stock certificate in time to be delivered for conversion. Now Echo stockholders can deliver shares for conversion electronically through DTC. This means that stockholders holding shares in "street name" seeking to exercise conversion rights will not be required to obtain or deliver physical stock certificates. Only stockholders who vote against the merger proposal are entitled to conversion rights… Full Press Release (PDF).
Echo Healthcare Sets Date for Special Meeting of Stockholders Relating to the Proposed Merger with XLNT Veterinary Care, Inc. November 13, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, today announced that its board of directors has set a meeting date of December 12, 2007 for its special meeting of stockholders to consider and vote upon the Company’s proposed merger with XLNT Veterinary Care, Inc. The meeting will be held at Noon Eastern Time at the offices of McDermott Will & Emery LLP, 340 Madison Avenue, New York, NY. Stockholders of Echo as of the close of business on November 7, 2007 will receive notice of and voting materials for this special meeting… Full Press Release (PDF).
Echo Healthcare Announces XLNT Veterinary Care, Inc. Appoints Gregory J. Eisenhauer as Chief Financial Officer September 26, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc. has appointed Gregory J. Eisenhauer, CFA as its Chief Financial Officer, effective immediately. Echo previously announced that it had entered into a definitive agreement to acquire the privately-held XLNT, a provider of veterinary primary care and specialized services to companion animals through a network of fully-owned veterinary hospitals. Upon completion of the merger, Mr. Eisenhauer will become the Chief Financial Officer for the combined public company, which will be named PetDRx Corporation… Full Press Release (PDF).
Echo Healthcare to Present at Roth Capital Partners New York Conference August 13, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that the Company will be presenting at the Roth Capital Partners 5th Annual New York Conference. The conference is being held September 5-6, 2007 at The Westin New York at Times Square in New York City and the Company is scheduled to present at 2:30 p.m. Eastern Time on Thursday, September 6, 2007. Chairman and Chief Executive Officer, Gene Burleson, President and Secretary, Joel Kanter, and Chief Financial Officer, Kevin Pendergest will be joined by Robert Wallace, Chief Executive Officer and Steven Johnson, President and COO of XLNT Veterinary Care, Inc. The Company will provide a live webcast of the presentation as well as a download of the presentation slides. A replay of the webcast will be available for 90 days… Full Press Release (PDF).
Echo Healthcare Provides Update on Proposed Merger with XLNT Veterinary Care July 27, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that it has filed a registration statement on Form S-4 with the Securities and Exchange Commission, which contains a preliminary proxy statement/prospectus in connection with Echo's proposed acquisition of XLNT Veterinary Care, Inc., a provider of veterinary primary care and specialized services to companion animals through a network of fully-owned veterinary hospitals. Echo previously announced that it had entered into a definitive agreement to acquire the privately-held XLNT… Full Press Release (PDF).
Echo Healthcare Announces XLNT Veterinary Care Hiring of President and Chief Operating Officer July 17, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care and specialized services to companion animals through a network of fully-owned veterinary hospitals, has hired Steven T. Johnson as XLNT's newly appointed President and Chief Operating Officer and appointed him to XLNT's Board of Directors, effective immediately. Mr. Johnson will assume full responsibility for financial integration and all operational activities at XLNT. Echo previously announced on September 11, 2006 that it entered into a definitive agreement to acquire the privately-held XLNT, in a transaction expected to close in the fourth quarter of 2007… Full Press Release (PDF).
Echo Healthcare Announces XLNT Veterinary Care Hiring of General Counsel and Secretary July 11, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care and specialized services to companion animals through a network of fully-owned veterinary hospitals, has hired George A. Villasana as XLNT's General Counsel and Corporate Secretary, effective June 12, 2007. Mr. Villasana will oversee the legal affairs and corporate governance of XLNT and will report to Robert Wallace, Chief Executive Officer of XLNT. Echo previously announced on September 11, 2006 that it entered into a definitive agreement to acquire the privately-held XLNT, in a transaction expected to close in the fourth quarter of 2007… Full Press Release (PDF).
Echo Healthcare WallSt.net Interview July 9, 2007
Echo Healthcare Acquisition Corp. President Joel Kanter and and XLNT Veterinary Care, Inc. CEO Bob Wallace recently conducted an interview with WallSt.net. The interview is available online as streaming audio.
Echo Healthcare Announces Two Transactions Recently Completed By XLNT Veterinary Care April 10, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care services to companion animals through a network of fully-owned veterinary hospitals, has acquired two additional veterinary hospitals in California during the month of March. Terms of the two transactions were not disclosed. Including these two transactions, XLNT has now purchased a total of 15 hospitals since Echo announced on September 11, 2006 that it had entered into a definitive agreement to acquire XLNT. Echo's acquisition of XLNT is anticipated to close in the fourth quarter of 2007… Full Press Release (PDF).
Echo Healthcare Announces XLNT Veterinary Care Hiring Of Dr. Stephen Ettinger As Chief Medical Officer March 15, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care services to companion animals through a network of fully-owned veterinary hospitals, has hired Dr. Stephen Ettinger, D.V.M., as the Company's newly appointed Chief Medical Officer, effective immediately. Echo previously announced on September 11, 2006 that it entered into a definitive agreement to acquire the privately-held XLNT, in a transaction expected to close in the fourth quarter of 2007… Full Press Release (PDF).
Echo Healthcare Announces Four Transactions Recently Completed By XLNT Veterinary Care March 15, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care services to companion animals through a network of fully-owned veterinary hospitals, has acquired four additional veterinary hospitals in California during the month of February. Terms of the four transactions were not disclosed. Including these four transactions, XLNT has now purchased a total of 13 hospitals since Echo announced on September 11, 2006 that it had entered into a definitive agreement to acquire XLNT. Echo's acquisition of XLNT is expected to close in the fourth quarter of 2007… Full Press Release (PDF).
Echo Healthcare Acquisition Corp. Amends Merger Agreement With XLNT Veterinary Care, Inc. February 20, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company whose securities began trading publicly in March 2006, announced today that it has amended its merger agreement with XLNT Veterinary Care, Inc. The primary purpose of the amendment is to provide additional time for XLNT to complete certain financial audits required to be included in Echo’s proxy statement/prospectus to be filed with the Securities and Exchange Commission to be used to obtain stockholder approval of the merger… Full Press Release (PDF).
Echo Healthcare To Present At Roth Capital Partners 19th Annual OC Conference February 13, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that the Company's Chairman and Chief Executive Officer, Eugene Burleson, President and Secretary, Joel Kanter, and Chief Financial Officer, Kevin Pendergest, will be presenting at the Roth Capital Partners 19th Annual OC Conference. Joining them will be Robert Wallace, Chief Executive Officer of XLNT Veterinary Care, Inc. Echo previously announced on September 11, 2006 that it entered into a definitive agreement to acquire the privately-held XLNT, in a transaction expected to close later in 2007. The conference is being held February 19-22, 2007 at the Ritz Carlton in Laguna Niguel, CA. The Company is scheduled to present at 8:00 a.m. Pacific Time on Wednesday, February 21, 2007. The Company will provide a live webcast of the presentation as well as a download of the presentation slides. A replay of the webcast will be available for 90 days… Full Press Release (PDF).
Echo Healthcare Announces Five Transactions Recently Completed By XLNT Veterinary Care January 08, 2007
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care services to companion animals through a network of fully-owned veterinary hospitals, has acquired one additional veterinary hospital in California during the month of November and four additional hospitals during the month of December. Terms of the five transactions were not disclosed. This makes nine hospitals that have been acquired since Echo previously announced on September 11, 2006 that it entered into a definitive agreement to acquire the privately-held XLNT, in a transaction expected to close later in 2007… Full Press Release (PDF).
Echo Healthcare Announces Four Transactions Recently Completed By XLNT Veterinary Care, Inc. November 08, 2006
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB), a blank check company, announced today that XLNT Veterinary Care, Inc., a provider of veterinary primary care services to companion animals through a network of fully-owned veterinary hospitals, has acquired four additional veterinary hospitals in California during the month of October. Terms of the four transactions were not disclosed. Echo previously announced on September 11, 2006 that it entered into a definitive agreement to acquire privately-held XLNT, which operates under the name Pet DRx, in a transaction expected to close in the second quarter of 2007… Full Press Release (PDF).
Echo Healthcare Acquisition Corp. To Merge With XLNT Veterinary Care, Inc. September 11, 2006
Echo Healthcare Acquisition Corp. (OTCBB: EHHA.OB) announced today that it has entered into a definitive agreement to acquire privately-held XLNT Veterinary Care, Inc. XLNT, which operates under the brand Pet DRx, is a provider of veterinary primary care services to companion animals through a network of fully-owned veterinary hospitals. The Company currently owns and operates 11 veterinary hospitals throughout California. As of September 11, 2006, XLNT has executed definitive agreements to acquire five additional veterinary hospitals that are expected to close within the next sixty days and has entered into nonbinding letters of intent with respect to twelve additional hospitals… Full Press Release (PDF) and Investor Presentation (PDF).
Echo Announces Separate Trading of Common Stock and Warrants June 6, 2006
Echo Healthcare Acquisition Corp. (OTCBB: EHHAU.OB) announced today that commencing on June 6, 2006, the holders of the Company's units may separately trade the common stock and warrants included in the Company's units. The common stock and warrants will trade on the OTC Bulletin Board under the symbols EHHA and EHHAW, respectively… Full Press Release (PDF).
Echo Announces Exercise of Over-Allotment Option March 27, 2006
Echo Healthcare Acquisition Corp. (OTCBB: EHHAU.OB) today announced that the underwriters of its initial public offering have exercised their over-allotment option to purchase an additional 937,500 units of Echo Healthcare Acquisition Corp. at $8.00 per unit for a total of $7,500,000, of which $7,167,000 will be placed in the company's trust account. Each unit consists of one share of common stock and one warrant. This exercise and purchase by the underwriters will bring Echo Healthcare Acquisition Corp.'s initial public offering to 7,187,500 units for a total of $57,500,000… Full Press Release (PDF).
Echo Completes Initial Public Offering March 24, 2006
Echo Healthcare Acquisition Corp. (OTCBB: EHHAU.OB) announced today that it consummated its initial public offering of 6,250,000 units on March 22, 2006. Each unit consists of one share of common stock and one warrant. The units were sold at an offering price of $8.00 per unit, generating gross proceeds of $50,000,000 to the Company. Morgan Joseph & Co. Inc. was the sole book running manager, Roth Capital Partners, LLC was co-lead manager and Legend Merchant Group, Inc. was co-manager… Full Press Release (PDF).