Ropes & Gray LLP acted as legal advisor to American Well Corporation. Barclays acted as financial advisor to American Well Corporation. The transactions, which are subject to customary closing conditions, are expected to close in the third quarter of 2021. American Well Corporation also agreed to issue additional shares for up to $70 million if certain operational and performance targets are met by each of Conversa and SilverCloud. The purchase price will be paid 50% in cash and 50% in shares of American Well Corporation wherein approximately 12.3 million shares will be issued. Aggregate purchase price for SilverCloud Health and Conversa Health is approximately $320 million. In a related transaction, American Well Corporation signed a definitive agreement to acquire SilverCloud Health on July 28, 2021. One of the coolest things about Loom is that it allows you to comment and take notes in your recordings, allowing you to quickly jump to your desired sections without watching the whole recording.American Well Corporation (NYSE:AMWL) signed a definitive agreement to acquire Conversa Health, Inc. You can record, edit, and share your videos with ease. Loom is a screen recording app specifically designed for workplace communication, but this can also be used to record your Google meetings.
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