Amwell Shortens Earnout Period on SilverCloud Deal

Digital care company Amwell® reached an agreement to shorten the earnout period associated with its acquisition of SilverCloud Health, the digital mental health company it purchased in August last year. As a result of this renegotiation, Amwell issued an aggregate of 4,959,856 shares of the Company’s Class A common stock to the former stockholders of SilverCloud Health. The news comes on the heels of Amwell announcing the early termination of the earnout associated with its acquisition of Conversa Health. Read more.

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