GIGCAPITAL GLOBAL AND GIGCAPITAL2, INC.

UpHealth and GigCapital2 Announce Closing of Business Combinations

Retrieved on: 
Wednesday, June 9, 2021
Practice Management, Technology, Other Health, Health, General Health, Other Technology, Telecommunications, Software, Hospitals, Internet, Mobile, Wireless, Microsoft, Software, Operating systems, LinkedIn, Recruitment, Twitter, UpHealth Holdings, Inc., Cloudbreak Health, GigCapital Global and GigCapital2, Inc., UPHEALTH HOLDINGS, INC., CLOUDBREAK HEALTH, GIGCAPITAL GLOBAL AND GIGCAPITAL2, INC.

GigCapital2, Inc. (GigCapital2) (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) today announced the completion of its previously announced business combinations with UpHealth Holdings, Inc. (UpHealth Holdings) and Cloudbreak Health, LLC (Cloudbreak Health).

Key Points: 
  • GigCapital2, Inc. (GigCapital2) (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) today announced the completion of its previously announced business combinations with UpHealth Holdings, Inc. (UpHealth Holdings) and Cloudbreak Health, LLC (Cloudbreak Health).
  • The business combinations were approved by GigCapital2 stockholders on June 4, 2021.
  • With the completion of our business combinations, we are now in the position to accelerate the expansion of our unique digital care management model, said Dr. Ramesh Balakrishnan, Chief Executive Officer of UpHealth Holdings.
  • For more information, please visit https://uphealthinc.com and follow us at @UpHealthInc on Twitter, UpHealth Inc. on LinkedIn and @uphealthinc on Instagram.

GigCapital2 Stockholders Approve Business Combinations with UpHealth Holdings, Inc. and Cloudbreak Health, LLC

Retrieved on: 
Friday, June 4, 2021
Banking, Professional services, Finance, Ba Province, Tavarua, Islands, Landforms, UpHealth Holdings, Inc., Cloudbreak Health, GigCapital Global and GigCapital2, Inc., UPHEALTH HOLDINGS, INC., CLOUDBREAK HEALTH, GIGCAPITAL GLOBAL AND GIGCAPITAL2, INC.

GigCapital2, Inc. (GigCapital2) (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) announced that its stockholders approved all proposals related to the previously announced business combinations with UpHealth Holdings, Inc. (UpHealth) and Cloudbreak Health, LLC (Cloudbreak) at a special meeting of stockholders held on June 4, 2021.

Key Points: 
  • GigCapital2, Inc. (GigCapital2) (NYSE: GIX, GIX.U, GIX.RT, and GIX.WS) announced that its stockholders approved all proposals related to the previously announced business combinations with UpHealth Holdings, Inc. (UpHealth) and Cloudbreak Health, LLC (Cloudbreak) at a special meeting of stockholders held on June 4, 2021.
  • More than 94.4% of the votes cast at the meeting, representing approximately 65.7% of GigCapital2s outstanding shares, voted to approve the business combinations.
  • As announced previously, the business combinations will result in each of UpHealth and Cloudbreak becoming a direct wholly-owned subsidiary of GigCapital2.
  • There can be no assurance that future developments affecting UpHealth, Cloudbreak or GigCapital2 will be those that we have anticipated.

GigCapital2 Announces Effectiveness of Registration Statement and Special Meeting Date for Proposed Business Combinations with UpHealth Holdings, Inc. and Cloudbreak Health, LLC

Retrieved on: 
Monday, May 17, 2021
Telecommunications, Internet, Finance, General Health, Health, Professional services, Technology, Other Technology, Proxy, Identity document, Corporate law, UpHealth Holdings, Inc., Cloudbreak Health, GigCapital Global and GigCapital2, Inc., UPHEALTH HOLDINGS, INC., CLOUDBREAK HEALTH, GIGCAPITAL GLOBAL AND GIGCAPITAL2, INC.

We have completed all five of the acquisitions of all subsidiaries, including Glocal, that we agreed with GigCapital2 we would do.

Key Points: 
  • We have completed all five of the acquisitions of all subsidiaries, including Glocal, that we agreed with GigCapital2 we would do.
  • GigCapital2 stockholders entitled to vote at the Special Meeting will need the 16-digit meeting control number that is printed on their respective proxy cards to enter the Special Meeting.
  • GigCapital2 recommends that its stockholders wishing to vote at the Special Meeting log in at least 15 minutes before the Special Meeting starts.
  • There can be no assurance that future developments affecting UpHealth, Cloudbreak or GigCapital2 will be those that we have anticipated.

UpHealth Announces First Quarter Fiscal 2021 Financial Results and Reiterates 2021 Financial Guidance

Retrieved on: 
Thursday, May 6, 2021
Software, Technology, Health, Practice Management, Assistive technology, Telehealth, Technology, Science and technology, the Transaction, UpHealth Holdings, Inc., GigCapital Global and GigCapital2, Inc., THE TRANSACTION, UPHEALTH HOLDINGS, INC., GIGCAPITAL GLOBAL AND GIGCAPITAL2, INC.

During the first quarter, UpHealth increased its ownership position in Glocal from 43% to over 89% - Glocal serves as a foundational platform, along with Cloudbreak, for UpHealth\xe2\x80\x99s global telehealth business.

Key Points: 
  • During the first quarter, UpHealth increased its ownership position in Glocal from 43% to over 89% - Glocal serves as a foundational platform, along with Cloudbreak, for UpHealth\xe2\x80\x99s global telehealth business.
  • Additionally, during the second quarter, UpHealth completed the acquisition of Innovations Group on April 27, 2021.
  • There can be no assurance that future developments affecting UpHealth, Cloudbreak or GigCapital2 will be those that we have anticipated.
  • Information regarding GigCapital2\xe2\x80\x99s directors and executive officers is available in its Form 10-K/A filed with the SEC on April 21, 2020.