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OnMed and Berto Acquisition Corp. (NASDAQ: TACO / TACOW) entered a non-binding letter of intent on October 29, 2025 to pursue a business combination that would result in a publicly listed combined company led by Karthik Ganesh as CEO.
OnMed markets the 8x10 OnMed CareStation, deployable in ~30 days, offering live clinician consultations with advanced diagnostics; company metrics cited include 85% of patients fully diagnosed without specialist referral, 50% who otherwise would have gone to ER/urgent care, 4.96/5 patient satisfaction, and 99% willingness to return/recommend. The LOI is non-binding and the transaction remains subject to due diligence, definitive agreements, shareholder and regulatory approvals.