Wilson Sonsini Advises Google in $100 Million Concurrent Private Placement in Amwell
- Client Highlights
- Digital Health
On August 24, 2020, Google and American Well Corporation (Amwell), a leading telehealth company, announced that Google has agreed to purchase $100 million of Amwell’s newly created Class C common stock in a concurrent private placement, which is contingent on the closing of Amwell’s pending initial public offering and certain other closing conditions. Google and Amwell also announced their entry into a strategic partnership through which Amwell will be Google’s global telehealth solution platform partner and the Google Cloud Platform will be Amwell’s global cloud platform partner for telehealth visits.
For more information, please see Google and Amwell’s joint press release.