other material
confidence high
sentiment neutral
materiality 0.55
American Well issues 4.96M shares to former SilverCloud shareholders in lieu of earn-out
American Well Corp
- Issued 4,959,856 shares of Class A common stock to former SilverCloud shareholders in lieu of earn-out payment.
- Shares issued under Section 4(a)(2) of the Securities Act; no general solicitation or advertising.
- Amendment executed May 11, 2022, modifying original July 2021 merger agreement.