Amwell (AMWL) Prices 41.22M Share Upsized IPO at $18/Sh

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Amwell Announces Pricing of Upsized Initial Public Offering

September 16, 2020 9:50 PM EDT

BOSTON, Sept. 16, 2020 /PRNewswire/ -- Amwell®, a national telehealth leader, today announced the pricing of its upsized initial public offering of 41,222,222 shares of its Class A common stock at an initial public offering price of $18.00 per share for total gross proceeds of approximately $742 million, before deducting underwriting discounts and commissions and offering expenses payable by Amwell. In addition, the underwriters have been granted a 30-day option to purchase up to 6,183,333 additional shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions, from Amwell and certain stockholders of Amwell (the "Selling... More