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GigCapital2, Inc. (NYSE: GIX, GIX.U, GIX.RT, GIX.WS) has completed its business combinations with UpHealth Holdings, Inc. and Cloudbreak Health, LLC, now collectively known as UpHealth, Inc. The new stock symbols will be UPH and UPH.WS starting June 10, 2021. The merger is expected to strengthen UpHealth’s capital structure and support its growth strategy in digital health technology. Dr. Ramesh Balakrishnan highlights the acceleration of their digital care model, while Cloudbreak’s CEO emphasizes enhancing healthcare accessibility and experience globally.
GigCapital2, Inc. (NYSE: GIX, GIX.U) announced that stockholders approved business combinations with UpHealth Holdings and Cloudbreak Health during a special meeting on June 4, 2021. Over 94.4% of votes supported the proposals, involving approximately 65.7% of outstanding shares. Post-combination, both companies will become wholly-owned subsidiaries of GigCapital2, which will be renamed UpHealth, Inc., and shares are expected to trade under new symbols from June 9, 2021. A Form 8-K detailing the voting results will be submitted to the SEC.
