CORRECTIVE AND REPLACEMENT Compute Health Acquisition Corp. announces full exercise of opportunity for redistribution and closure of $ 862.5 million initial public offering

WILMINGTON, Del. – (BUSINESS MANAGEMENT) – 14 February 2021–

In the release dated February 9, 2021, the phrases that begin with “Company Management Team …” should read: Company Management Team is led by Omar Ishrak, Jean Nehmé and Joshua Fink.

The updated release reads:

COMPUTE HEALTH ACQUISITION CORP. ANNOUNCES FULL EXERCISE OPPORTUNITY EXERCISE AND CLOSURE OF $ 862,500,000 ORIGINAL PUBLIC OFFER

Compute Health Acquisition Corp. (the “Company”) (NYSE: CPUH.U), a newly formed specialist acquisition company, today announced the completion of its initial listing of 86,250,000 units, including 11,250,000 units sold under the full use of the insurance companies’ redistribution option at a cost of $ 10.00 per. unit. The total gross proceeds from the offering were $ 862.5 million before deducting subscription discounts and commissions and other offering expenses. The units began trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “CPUH.U” on February 5, 2021. Each unit consists of one Class A ordinary share and one quarter of a redeemable warrant. Each full warrant can be exercised for a Class A ordinary share at a price of $ 11.50 per share. Share after the later 30 days after the end of the company’s original business combination and 12 months after the end of the company’s initial listing. When the securities comprising the entities begin trading separately, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the “CPUH” and “CPUH WS” symbols, respectively.

The company is a blank check company formed for the purpose of carrying out a merger, capital exchange, acquisition of assets, share purchase, reorganization or similar business combination with one or more companies. The company intends to focus on healthcare companies that already utilize or have the potential to leverage computing power with an emphasis on companies in the medical equipment space, including imaging and robotics, and companies operating in the virtual care space, including telecommunications health. , care and next generation models for payer and provider. The company’s management team is led by Omar Ishrak, Jean Nehmé and Joshua Fink.

Goldman Sachs & Co. LLC served as the sole book-running manager for this offer. Copies of the final prospectus related to the Company’s initial offer can be obtained free of charge by visiting Edgar on the Securities and Exchange Commission (“SEC”) website at www.sec.gov or from Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus Department, by phone at 866-471-2526, fax at 212-902-9316 or by email [email protected].

A registration statement regarding the securities was filed with and declared effective by the SEC. This press release does not constitute an offer to sell or a request to buy, nor may there be any sale of these securities in any state or jurisdiction where such offer, request or sale would be illegal prior to registration or qualification under to the securities laws of such State or jurisdiction.

Forward-looking statements

This press release includes certain forward-looking statements as defined in the Private Securities Reform Act of 1995, including statements about the use of the proceeds from the company’s initial listing and listing on the NYSE of the shares and warrants underlying the entities. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including without limitation general market conditions. These forward-looking statements speak only from the date of this press release, and the company expressly disclaims any obligation or obligation to provide updates or revisions of any forward-looking statement contained herein to reflect any change in the company’s expectations in this regard or any change in events, conditions or circumstances on which such a statement is based. Forward-looking statements are subject to several conditions, many of which are beyond the Company’s control, including those described in the Risk Factors section of the prospectus in connection with the Company’s initial public offering.

About Compute Health Acquisition Corp.

The company is a blank check company formed for the purpose of carrying out a merger, capital exchange, acquisition of assets, share purchase, reorganization or similar business combination with one or more companies. The company intends to focus on healthcare companies that already utilize or have the potential to leverage computing power with an emphasis on companies in the medical equipment space, including imaging and robotics, and companies operating in the virtual care space, including telecommunications health. , care and next generation models for payer and provider. The company’s management team is led by Omar Ishrak, Jean Nehmé and Joshua Fink.

See source version at businesswire.com:https://www.businesswire.com/news/home/20210209005878/en/

CONTACT: Investor contact:

Joshua Fink

Co-CEO

Phone: (212) 829-3500

Email: [email protected]

Keywords: USA NORTH AMERICA DELAWARE

INDUSTRIES Keywords: FINANCING OF BANKS PROFESSIONAL SERVICES

SOURCE: Compute Health Acquisition Corp.

Copyright Business Wire 2021.

PUB: 02/14/2021 16:42 / DISC: 14-02-2021 16:42

http://www.businesswire.com/news/home/20210209005878/en

Copyright Business Wire 2021.

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