Jun 4, 2021 INTEL by Marlena Haddad. UpHealth, Cloudbreak and GigCapital2 will host a joint investor conference call to discuss the business and the proposed transaction today, November 23, 2020, at 4:30 PM ET. The combined company has changed its name to UpHealth. GigCapital2 Announces $285M Capital Raise as Part of Business Combination With UpHealth Holdings, Inc. and Cloudbreak Health, , January 22, 2021, 5:30 AM PST. GigCapital2, UpHealth and Cloudbreak anticipate that subsequent events and developments will cause GigCapital2’s, UpHealth’s and Cloudbreak’s assessments to change. The GigCapital2 SPAC merger is unique in that two different health companies will be merged. Since then GigCapital2 has raised $285 million from institutional investors for its… GigCapital2 (NYSE:GIX) is a SPAC that will merge with two telemedicine firms, UpHealth and Cloudbreak, in the first half of this year. UpHealth is a company that has significant geographic reach, scale and profitability with 2020 estimated revenues of $115mm and EBITDA of over $13mm. UpHealth, Cloudbreak and GigCapital2 will host a joint investor conference call to discuss the business and the proposed transaction today, November 23, 2020, at 4:30 PM ET. UpHealth Holdings, Inc. ("UpHealth"), an integrated global platform serving four large digital health markets, today announced the appointment of Jay Jennings as its new Chief Accounting Officer ("CAO"). IPO Edge sat down with UpHealth CEO Ramesh Balakrishnan to find out more about the company’s future and focus on … GigCapital2 has signed two separate definitive business combination agreements with each of UpHealth Holdings and Cloudbreak Health, respectively, to form a public digital health company which will value it at a combined pro forma enterprise amount of about $1.35bn. GigCapital2completed its business combinations with UpHealth Holdings and Cloudbreak Health. GIX stock is worth 55% more compared to comp peers based on UpHealth’s updated presentation. The SPAC raised $130 million in an IPO two years ago. GigCapital2 set a June 4 meeting for shareholders to vote on its proposed business combinations with UpHealth Holdings and Cloudbreak Health. The GigCapital2 (GIX) SPAC is planning a three-way merger with telemedicine companies UpHealth and Cloudbreak. The mergers were approved by GigCapital2 stockholders on June 4. GigCapital2 Announces Stockholder Approval of Extension Amendment to Complete its Business Combinations with UpHealth... PALO ALTO, Calif.--(BUSINESS WIRE)--GigCapital2, Inc. (“GigCapital2”) (NYSE: GIX), a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, today … As also previously reported on a Current Report on Form 8-K of GigCapital2, filed with the SEC on April 26, 2021, GigCapital2 announced that it executed a Third Amendment to the UpHealth BCA with the parties to the UpHealth BCA, solely to amend Section 9.01(b) of the UpHealth BCA (the “UpHealth BCA Amendment No. The combined company has changed its name to UpHealth, Inc., … 3”) for the purpose of extending the Outside Date, as such term is … Concomitant with this transaction, GigCapital2 also entered into a definitive business combination agreement with Cloudbreak Health LLC, a leading unified telemedicine and video medical interpretation solutions provider. UpHealth and GigCapital2 Announce Closing of Business Combinations Buzz Staff 2021-06-10 “This combination gives us the opportunity to live our mission on a global scale, resolving health disparities, reshaping healthcare and powering its digital transformation,” said Jamey Edwards, Chief Executive Officer of Cloudbreak Health. GigCapital2, Inc. ("GigCapital2") (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) today announced the completion of its previously announced business combinations with UpHealth Holdings, Inc. ("UpHealth Holdings") and Cloudbreak Health, LLC ("Cloudbreak Health"). GigCapital2, Inc. ("GigCapital2") (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) announced that its stockholders approved all proposals related to the previously announced business combinations with UpHealth Holdings, Inc. ("UpHealth") and Cloudbreak Health, LLC ("Cloudbreak") at a special meeting of … GigCapital2, UpHealth and Cloudbreak anticipate that subsequent events and developments will cause GigCapital2’s, UpHealth’s and Cloudbreak’s assessments to change. The business combinations were approved by GigCapital2 stockholders on June 4, 2021. UpHealth Corporate UpHealth Appoints Jay Jennings as its CAO (March 24, 2021) • Mr. Jennings joined UpHealth’s senior leadership team and will lead the company’s accounting functions as it transitions to a public company as a result of its announced business combination with GigCapital2, Inc • Mr. Jennings, CPA, is a seasoned … UpHealth and GigCapital2 Announce Closing of Business Combinations. GigCapital2 (NYSE: GIX), a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, today announced that it has entered into two separate definitive business combination agreements with each of UpHealth Holdings, Inc. (“UpHealth”), one of the largest national and international digital … The combined companies would have an enterpirse value of $1.35 billion. GigCapital2 Announces $285M Capital Raise as Part of Business Combination With UpHealth Holdings, Inc. and Cloudbreak Health, LLC About the Transaction: In November 2020, UpHealth and GigCapital2, a special-purpose acquisition company ("SPAC," also known as a blank-check company), announced they … GigCapital2 has Entered into Business Combination Agreements with UpHealth and Cloudbreak to Form Combined Company to List On the NYSE, Creating a Unified and Profitable Global Digital Health Company November 22, 2020 The combined company, to be named UpHealth, will be an integrated global platform serving four of the fastest growing digital health markets: Integrated Care … Upon closing of the two business combinations, the combined operating company will be named UpHealth and will be listed on the New York Stock Exchange under the ticker symbol “UPH”. For GigCapital2: Brian Ruby, ICR, Brian.ruby@icrinc.com. UpHealth Holdings Inc. ("UpHealth"), an integrated global platform serving four large digital health markets, today announced that, in connection with its previously announced business combination with GigCapital2, Inc. ("GigCapital2") (NYSE: GIX), GigCapital2 raised $285 million from institutional investors, in a mix of equity and convertible debt. GigCapital2, Inc. (“GigCapital2”) (NYSE: GIX, GIX.U, GIX.RT, … If you haven’t previously registered, you can do so by clicking the link below. Concomitant with this transaction, GigCapital2 also entered into a definitive business combination agreement with Cloudbreak Health LLC, a leading unified telemedicine and video medical interpretation solutions provider. GigCapital2, Inc. (“GigCapital2”) (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) today announced the completion of its previously announced business combinations with UpHealth Holdings, Inc. (“UpHealth Holdings”) and Cloudbreak Health, LLC (“Cloudbreak Health”). The MarketWatch News Department was not involved in the creation of this content. The forward-looking statements contained in this press release are based on our current expectations and beliefs made by the management of GigCapital2, UpHealth Holdings, Inc. (“UpHealth”) and/or Cloudbreak Health, LLC (“Cloudbreak”) in light of their respective experience and their perception of … GigCapital2 Secures $285 Million from Institutional Investors in Connection with UpHealth Holdings. The SPAC … The deal between UpHealth Holdings, Cloudbreak Health and special purpose acquisition company GigCapital2 put the combined company at an enterprise valuation of … GigCapital2, Inc. (GIX) Shareholders Approve UpHealth, Cloudbreak Deal. Common stock and warrants begin trading today on the NYSE under UPH and UPH.WS. If you haven’t previously registered, you can do so by clicking the link below. UpHealth, Cloudbreak and GigCapital2 will host a joint investor conference call to discuss the business and the proposed transaction today, November 23, 2020, at 4:30 PM ET. The forward-looking statements contained in this press release are based on our current expectations and beliefs made by the management of GigCapital2, UpHealth and/or Cloudbreak in light of their respective experience and their perception of historical trends, current conditions and expected future developments and their potential effects on UpHealth, Cloudbreak and GigCapital2 … The combined entity will be named UpHealth… GigCapital2, Inc. (GIX) & UpHealth will be holding a live presentation and Q&A Wednesday at 2:00 p.m. (ET). GigCapital2, Inc. (NYSE:GIX) (“GigCapital2… GigCapital2 Announces $285M Capital Raise as Part of Business Combination With UpHealth Holdings, Inc. and Cloudbreak Health, LLC.
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