Amwell (AMWL) Announces Launch of 11.28M Share Proposed Public Offering

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Amwell Announces Launch of Proposed Public Offering

January 12, 2021 4:36 PM EST

BOSTON--(BUSINESS WIRE)-- Amwell® (NYSE: AMWL), a national telehealth leader, today announced that it has commenced the roadshow for a proposed public offering. Amwell has filed a registration statement with the Securities and Exchange Commission (SEC) for certain selling stockholders (the Selling Stockholders) to offer 11,280,647 shares of Amwells Class A common stock to the public. In addition, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to 1,692,097 additional shares of Class A common stock at the public offering price, less underwriting discounts and commissions. Amwell will not receive any... More