Compute Health Acquisition Corp. Announces the Separate Trading of Its Class A Common Stock & Redeemable Warrants Commencing ...
March 26 2021 - 4:21PM
Business Wire
Compute Health Acquisition Corp. (NYSE: CPUH.U) (the “Company”)
today announced that, commencing March 29, 2021, holders of the
units sold in the Company’s initial public offering of 86,250,000
units completed on February 9, 2021, may elect to separately trade
the shares of Class A common stock and redeemable warrants included
in the units. Those units not separated will continue to trade on
The New York Stock Exchange (“NYSE”) under the symbol “CPUH.U,” and
the shares of Class A common stock and redeemable warrants that are
separated will trade on the NYSE under the symbols “CPUH” and “CPUH
WS,” respectively. No fractional warrants will be issued upon
separation of the units and only whole warrants will trade. Holders
of units will need to have their brokers contact Continental Stock
Transfer & Trust Company, the Company’s transfer agent, in
order to separate the units into shares of Class A common stock and
redeemable warrants.
The Company is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. The Company intends to focus on healthcare
businesses that are already leveraging, or have the potential to
leverage, computational power, with an emphasis on companies in the
medical device space, including imaging and robotics, and companies
operating in the virtual care space, including telehealth, care
delivery and next-generation payor and provider models. The
Company’s management team is led by Omar Ishrak, Jean Nehmé and
Joshua Fink.
The units were initially offered by the Company in an
underwritten offering. Goldman Sachs & Co. LLC acted as the
sole book-running manager in the offering.
The offering was made only by means of a prospectus, copies of
which may be obtained for free from the U.S. Securities and
Exchange Commission (the “SEC”) website at www.sec.gov or by
contacting Goldman Sachs & Co. LLC, 200 West Street, New York,
NY 10282, Attn: Prospectus Department, by telephone at
866-471-2526, facsimile at 212-902-9316 or by emailing
prospectus-ny@ny.email.gs.com.
A registration statement relating to the securities was filed
with, and declared effective by, the SEC. This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Forward Looking Statements
This press release may include “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including with respect to the anticipated separate trading
of the Company’s Class A common stock and redeemable warrants and
the pursuit of an initial business combination. All statements
other than statements of historical fact included in this press
release are forward-looking statements. When used in this press
release, words such as “anticipate,” “believe,” “estimate,”
“expect,” “intend” and similar expressions, as they relate to us or
our management team, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of management,
as well as assumptions made by, and information currently available
to, the Company’s management. Actual results could differ
materially from those contemplated by the forward-looking
statements as a result of certain factors detailed in the Company’s
filings with the SEC. All subsequent written or oral
forward-looking statements attributable to us or persons acting on
our behalf are qualified in their entirety by this paragraph.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement and prospectus relating to the Company’s initial public
offering filed with the SEC. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this release, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210326005451/en/
Investor Contact: Joshua Fink Co-Chief Executive Officer
Telephone: (212) 829-3500 Email: ir@compute-health.com
Compute Health Acquisition (NYSE:CPUH.U)
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