Industry Bulletins | June 15, 2021
Digital Platform UpHealth Combines With Cloudbreak Health & Goes Public
GigCapital2, Inc. completed its previously announced business combinations with UpHealth Holdings, Inc. and telehealth provider Cloudbreak Health, LLC. GigCapital2 stockholders approved the combinations on June 4, 2021. The combined company has changed its name to UpHealth, Inc., and its common stock and warrants will began trading on the New York Stock Exchange under the new symbols “UPH” and “UPH.WS,” respectively, on June 10, 2021.
With the business combination complete, UpHealth now has access to significant growth capital. UpHealth’s Chief Executive Officer (CEO) Ramesh Balakrishnan, Ph.D., said, “With access to significant growth capital allowing us to rapidly deploy . . .