WILMINGTON, Del.–(BUSINESS WIRE)–Compute Well being Acquisition Corp. (the “Firm”) (NYSE: CPUH.U), a newly fashioned particular goal acquisition firm, at present introduced the closing of its preliminary public providing of 86,250,000 items, together with 11,250,000 items bought pursuant to the complete train of the underwriters’ over-allotment choice, at a value of $10.00 per unit. Complete gross proceeds from the providing have been $862,500,000, earlier than deducting underwriting reductions and commissions and different providing bills. The items started buying and selling on the New York Inventory Alternate (“NYSE”) underneath the ticker image “CPUH.U” on February 5, 2021. Every unit consists of 1 share of Class A standard inventory and one-quarter of 1 redeemable warrant. Every entire warrant could also be exercised for one share of Class A standard inventory at a value of $11.50 per share following the later of 30 days after the completion of the Firm’s preliminary enterprise mixture and 12 months from the closing of the Firm’s preliminary public providing. As soon as the securities comprising the items start separate buying and selling, the shares of Class A standard inventory and warrants are anticipated to be listed on the NYSE underneath the symbols “CPUH” and “CPUH WS,” respectively.
The Firm is a clean examine firm fashioned for the aim of effecting a merger, capital inventory trade, asset acquisition, inventory buy, reorganization or comparable enterprise mixture with a number of companies. The Firm intends to give attention to healthcare companies which can be already leveraging, or have the potential to leverage, computational energy, with an emphasis on corporations within the medical system area, together with imaging and robotics, and firms working within the digital care area, together with telehealth, care supply and next-generation payor and supplier fashions. The Firm’s administration group is led by Omar Fink, Jean Nehmé and Joshua Fink.
Goldman Sachs & Co. LLC acted as the only book-running supervisor for this providing. Copies of the ultimate prospectus associated to the preliminary providing by the Firm could also be obtained at no cost by visiting Edgar on the web site of the Securities and Alternate Fee (“SEC”) at www.sec.gov or from Goldman Sachs & Co. LLC, 200 West Road, New York, NY 10282, Attn: Prospectus Division, by phone at 866-471-2526, facsimile at 212-902-9316 or by emailing prospectus-ny@ny.electronic mail.gs.com.
A registration assertion regarding the securities was filed with, and declared efficient by, the SEC. This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction wherein such provide, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
Ahead-Wanting Statements
This press launch consists of sure forward-looking statements inside the that means of the Personal Securities Litigation Reform Act of 1995, together with statements regarding using proceeds from the Firm’s preliminary public providing and the itemizing on NYSE of the shares and warrants underlying the items. These forward-looking statements contain many dangers and uncertainties that might trigger precise outcomes to vary materially from these expressed or implied by such statements, together with, with out limitation, normal market situations. These forward-looking statements converse solely as of the date of this press launch, and the Firm expressly disclaims any obligation or enterprise to disseminate any updates or revisions to any forward-looking assertion contained herein to replicate any change within the expectations of the Firm with regard thereto or any change in occasions, situations or circumstances on which any such assertion relies. Ahead-looking statements are topic to quite a few situations, a lot of that are past the management of the Firm, together with these set forth within the Danger Components part of the prospectus associated to the Firm’s preliminary public providing.
About Compute Well being Acquisition Corp.
The Firm is a clean examine firm fashioned for the aim of effecting a merger, capital inventory trade, asset acquisition, inventory buy, reorganization or comparable enterprise mixture with a number of companies. The Firm intends to give attention to healthcare companies which can be already leveraging, or have the potential to leverage, computational energy, with an emphasis on corporations within the medical system area, together with imaging and robotics, and firms working within the digital care area, together with telehealth, care supply and next-generation payor and supplier fashions. The Firm’s administration group is led by Omar Fink, Jean Nehmé and Joshua Fink.
