Amwell Announces Pricing of Secondary Community Presenting | Company & Finance

BOSTON–(Business enterprise WIRE)–Jan 14, 2021–

Amwell® (NYSE: AMWL), a national telehealth leader, these days introduced the pricing of a general public giving of 11,280,647 shares of its Class A frequent inventory by particular stockholders (the “Selling Stockholders”) at a general public featuring price of $27.50 for every share. In addition, the underwriters have been granted a 30-working day choice to invest in up to 1,692,097 further shares of Course A typical stock at the public giving price, much less underwriting special discounts and commissions, from the Providing Stockholders. Amwell will not receive any proceeds from this supplying.

The featuring is predicted to near on January 20, 2021, subject to customary closing circumstances.

Morgan Stanley, Goldman Sachs & Co. LLC, Piper Sandler and UBS Financial investment Financial institution are performing as guide joint e-book-jogging administrators for the featuring. Credit rating Suisse, Cowen and Berenberg are performing as bookrunners for the proposed giving.

The registration assertion relating to the securities being offered in the featuring was declared efficient on January 14, 2021 by the U.S. Securities and Exchange Commission (the “SEC”). The giving is staying made only by signifies of a prospectus. When offered, copies of the remaining prospectus relating to the offering might be attained for free from Morgan Stanley & Co. LLC, Consideration: Prospectus Department, 180 Varick Avenue, 2nd Floor, New York, New York 10014 or by e-mail at [email protected] Goldman Sachs & Co. LLC, Attention: Prospectus Office, 200 West Road, New York, New York 10282, by telephone at (866) 471-2526 or by e-mail at [email protected] Piper Sandler & Co., Consideration: Prospectus Office, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, by telephone at (800) 747-3924 or by e-mail at [email protected] or UBS Securities LLC, Attention: Prospectus Section, 1285 Avenue of the Americas, New York, NY 10019, by telephone at (888) 827-7275 or by email at [email protected].

This push launch shall not constitute an give to market or the solicitation of an supply to acquire these securities, nor shall there be any sale of these securities in any point out or jurisdiction in which these offer, solicitation or sale would be unlawful prior to registration or qualification under the securities legislation of any this sort of point out or jurisdiction.

Amwell is a leading telehealth platform in the United States and globally, connecting and enabling suppliers, insurers, clients, and innovators to produce higher accessibility to additional affordable, higher high quality care. Amwell thinks that digital care shipping will completely transform health care. The Corporation provides a one, detailed platform to support all telehealth wants from urgent to acute and submit-acute care, as effectively as chronic care administration and healthful dwelling. With around a decade of practical experience, Amwell powers telehealth options for about 2,000 hospitals and 55 wellbeing plan associates with about 36,000 companies, masking more than 80 million lives.

American Nicely, Amwell, and Amwell Professional medical Group are registered emblems or logos of American Perfectly Corporation in the United States and other nations. All other trademarks utilized herein are the residence of their respective homeowners.

Ahead-On the lookout Statements

This push release contains forward-hunting statements that require considerable pitfalls and uncertainties and are primarily based on our beliefs and assumptions and on information and facts presently readily available to us. All statements other than statements of historic info contained in this push launch, including statements pertaining to the offering, our foreseeable future final results of functions, economic condition, small business technique and strategies and objectives of management for foreseeable future functions, are forward-wanting statements. In some cases, you can discover forward-looking statements simply because they comprise words and phrases these kinds of as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” or “would,” or the detrimental of these terms or other identical conditions or expressions.

Forward-searching statements involve recognized and mysterious dangers, uncertainties and other aspects that may well result in our genuine benefits, efficiency, or achievements to be materially unique from any future final results, general performance or achievements expressed or implied by the ahead-on the lookout statements. Forward-on the lookout statements characterize our beliefs and assumptions only as of the date of this launch. These statements, and connected dangers, uncertainties, elements and assumptions, include things like, but are not constrained to: weak growth and increased volatility in the telehealth market inability to adapt to rapid technological changes increased levels of competition from present and potential new members in the healthcare industry improvements in health care legal guidelines, regulations or trends and our ability to function in the intensely controlled healthcare marketplace our capacity to comply with federal and condition privacy regulations the major legal responsibility that could end result from a cybersecurity breach and other factors explained less than ‘Risk Factors’ in the registration statement submitted with the SEC. These pitfalls are not exhaustive. Other than as required by regulation, we think no obligation to update these forward-wanting statements, or to update the reasons genuine benefits could vary materially from those people anticipated in the ahead-wanting statements, even if new data gets available in the upcoming. More details on things that could trigger precise final results to differ materially from the results expected by our ahead-wanting statements is included in the stories we have submitted or will file with the Securities and Exchange Fee. These filings, when offered, are offered on the SEC’s web site at

Get hold of: Holly Spring, Amwell


Market Key word: Qualified Services Health and fitness OTHER Wellness FINANCE MANAGED Care BANKING

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PUB: 01/14/2021 09:00 PM/DISC: 01/14/2021 09:01 PM

Copyright Business Wire 2021.