Amwell Files To Go Public With $100 Million Investment From Google

Telehealth company Amwell is going public with $100 million in backing from Google. The company filed its preliminary prospectus with the Securities and Exchange Commission (SEC). Morgan Stanley, Goldman Sachs and Piper Sandler are acting as lead joint book-running managers for the offering. UBS, Credit Suisse, Cowen, and Berenberg are acting as bookrunners for the initial public offering (IPO).

Google is investing $100 million into the telehealth company as part of a stock purchase agreement, according to the S-1 filing. Amwell will issue $100 million of its Class C common stock, with the price per share to be . . .