MobiHealth News January 13, 2021
After some called 2020 the “biggest year for IPOs,” analysts predicted the wave of digital health public offerings to last into the new year.
Last year’s surge of digital health companies hitting the stock exchange appears to be continuing into 2021, as both Amwell and Talkspace announced public exit plans this week.
First up is Amwell, which announced Tuesday that it has created a proposed public offering to extend 11,280,647 shares of its Class A common stock to the public. Additionally, the underwriters will be given a 30-day option to purchase up to 1,692,097 supplemental shares of Amwell’s stock at the public offering price. Amwell will not receive any proceeds from this offering.
Next is Talkspace’s merger with special purpose...
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