Amwell (AMWL) Prices 11.28M Class A Share Secondary Offering at $27.50/Sh

Go back to Amwell (AMWL) Prices 11.28M Class A Share Secondary Offering at $27.50/Sh

Amwell Announces Pricing of Secondary Public Offering

January 14, 2021 9:00 PM EST

BOSTON--(BUSINESS WIRE)-- Amwell® (NYSE: AMWL), a national telehealth leader, today announced the pricing of a public offering of 11,280,647 shares of its Class A common stock by certain stockholders (the Selling Stockholders) at a public offering price of $27.50 per share. In addition, the underwriters have been granted 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, from the Selling Stockholders. Amwell will not receive any proceeds from this offering.

The offering is expected to close on January 20, 2021, subject to... More