{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-004254","form_type":"8-K","ticker":"AMWL","cik":"0001393584","company_name":"American Well Corp","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.508543+00:00","generated_at":"2026-05-28T04:44:22.924371+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Amwell sells telepsychiatry business to Avel eCare for $21M cash plus earn-out","bullets":["Upfront cash $20.7M (1.1x trailing 12-month revenue) plus earn-out of 0.4x next 12-month revenues.","Sale closed Jan 8; includes APC technology, personnel, Asana network. Reiterates FY2024 revenue guidance $247-252M.","Reiterates positive cash flow goal in 2026. Pro forma shows ~$24M annual revenue removed and ~$10.4M estimated gain on sale.","Pro forma for 9 months to Sep 30, 2024: net loss improved from $(165.5M) to $(164.0M), EPS from $(11.13) to $(11.03)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-004254","json":"https://secwatch.observer/filing/0000950170-25-004254.json","markdown":"https://secwatch.observer/filing/0000950170-25-004254.md","text":"https://secwatch.observer/filing/0000950170-25-004254.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393584/000095017025004254/0000950170-25-004254-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393584/000095017025004254/amwl-20250108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T04:44:22.924371+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a37ebf756dde4de48fb5bce427dbcffdaaffc677","claim":"American Well Corp completed a disposition involving Avel eCare, LLC for $20,714,459 (closed 2025-01-08).","evidence_excerpt":"contracts and the related accounts receivable and all accounts payable and accrued expenses of the Business. The purchase price is comprised of (i) an upfront cash payment of $20,714,459, which is equal to 1.1x the Business’ trailing twelve-month revenue, excluding on-site revenue attributable to certain of the Business’ contracts, subject to customary adjustments","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393584/000095017025004254/0000950170-25-004254-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Avel eCare, LLC"},{"label":"Consideration","value":"$20,714,459"},{"label":"Closing","value":"2025-01-08"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}