GigCapital2completed its business combinations with UpHealth Holdings and Cloudbreak Health. The mergers were approved by GigCapital2 stockholders on June 4.
The combined company has changed its name to UpHealth. Common stock and warrants begin trading today on the NYSE under UPH and UPH.WS.
The SPAC raised $130 million in an IPO two years ago. Since then GigCapital2 has raised $285 million from institutional investors for its business combinations with the digital healthcare companies.
The new company has an enterprise value of $1.35 billion. Read more.
