Compute Health Acquisition Corp. Announces Full Exercise of Over-Allotment Option and Closing of $862,500,000…

first_img Previous articleH2 2020 Histamine H4 Receptor Pipeline Review – ResearchAndMarkets.comNext articleHimalayan glacier disaster highlights climate change risks Digital AIM Web Support Twitter WhatsApp WILMINGTON, Del.–(BUSINESS WIRE)–Feb 9, 2021– Compute Health Acquisition Corp. (the “Company”) (NYSE: CPUH.U), a newly formed special purpose acquisition company, today announced the closing of its initial public offering of 86,250,000 units, including 11,250,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit. Total gross proceeds from the offering were $862,500,000, before deducting underwriting 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 share of Class A common stock and one-quarter of one redeemable warrant. Each whole warrant may be exercised for one share of Class A common stock at a price of $11.50 per share following the later of 30 days after the completion of the Company’s initial business combination and 12 months from the closing of the Company’s initial public offering. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “CPUH” and “CPUH WS,” respectively. 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 Fink, Jean Nehmé and Joshua Fink. Goldman Sachs & Co. LLC acted as the sole book-running manager for this offering. Copies of the final prospectus related to the initial offering by the Company may be obtained for free by visiting Edgar on the website of the Securities and Exchange Commission (“SEC”) at www.sec.gov or from 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 [email protected] 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 includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the use of proceeds from the Company’s initial public offering and the listing on NYSE of the shares and warrants underlying the units. 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 as of the date of this press release, and the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the expectations of the Company with regard thereto or any change in events, conditions or circumstances on which any such statement is based. 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 prospectus related to the Company’s initial public offering. About Compute Health Acquisition Corp. 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 Fink, Jean Nehmé and Joshua Fink. View source version on businesswire.com:https://www.businesswire.com/news/home/20210209005878/en/ CONTACT: Joshua Fink Co-Chief Executive Officer Telephone: (212) 829-3500 Email:[email protected] KEYWORD: UNITED STATES NORTH AMERICA DELAWARE INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: Compute Health Acquisition Corp. Copyright Business Wire 2021. PUB: 02/09/2021 10:41 AM/DISC: 02/09/2021 10:41 AM http://www.businesswire.com/news/home/20210209005878/en Facebook Compute Health Acquisition Corp. Announces Full Exercise of Over-Allotment Option and Closing of $862,500,000 Initial Public Offering Facebook By Digital AIM Web Support – February 9, 2021 center_img TAGS  Local NewsBusiness Twitter WhatsApp Pinterest Pinterestlast_img read more

AUGUST 30 “READERS FORUM”

first_imgWHATS ON YOUR MIND TODAY?“IS IT TRUE” will be posted on this coming Wednesday or ThursdayTodays READERS POLL question is: Does a political candidate with a strong military background get you attention at the ballot box?Please take time and read our newest feature articles entitled “BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS” posted in our sections.If you would like to advertise in the CCO please contact us City-County [email protected] County Observer has been serving our community for 15 years.Copyright 2015 City County Observer. All rights reserved. This material may not be published, broadcast, rewritten or redistribute.FacebookTwitterCopy LinkEmailSharelast_img

Gelders Bakery strikes deal with Tesco

first_imgGelders Bakery has just signed a deal with Tesco to sell its pies and sausage rolls in at least 20 shops.The family-run firm, which is already in 24 Asda stores, will supply single sausage rolls and single and three-packs of savoury mince pies to north-east stores.Tesco will take between 3,500 and 4,000 products a week, which will be worth about £300,000 a year to the Sunderland-based bakery. Partner Hilary Monk said its persistence with Tesco had paid off. “Local people know us well, but when you’re a small company it can be more difficult if a big chain hasn’t heard of you,” she said. “We kept calling, emailing and sending samples – and of course, our sales increasing in Asda also gave us leverage.” She added: “We hope to get contracts with other supermarket chains in the future.” Gelders also hopes the new contract will mean its 42-strong workforce can be expanded. Sam Nundy, Tesco regional buying manager – north east, said: “We’re very pleased to be able to offer Gelders Bakery products to our customers. This will be a fantastic addition to our growing offer of local products across our stores in the north east.”last_img read more

Brace’s sponsors toast artist’s exhibition

first_imgBrace’s Bakery has partnered with a local food artist to showcase a number of bread-based creations.Nathan Wyburn made a name for himself on the last series of ITV1’s Britain’s Got Talent, using toast as his canvas and producing a Marmite-painted portrait of comedian and judge Michael McIntyre.The bakery firm in Newport, South Wales, has chosen to support the 22-year-old in his latest bread-art venture by sponsoring his first exhibition at The General Offices in Ebbw Vale from 10-24 August.Wyburn said: “I’ve been using Brace’s bread for my artwork for three years. It’s the bread I’ve eaten growing up, so it just seemed fitting when I wanted to use everyday materials for my artwork, to use the bread I eat every day. Brace’s bread is also the squarest, which helps with the proportions of my artwork and ensures the result is the best possible. I’m very grateful for Brace’s support of my First Retrospective exhibition.”Since appearing on Britain’s Got Talent, the bread artist has gone on to create a 10ft portrait of media mogul Rupert Murdoch, which was recently featured on the front page of The Guardian. In addition, Wyburn created a series of celebrity portraits, commissioned and displayed by Costa Coffee for its Towcester outlet, including David Beckham and Cheryl Cole.Lydia Whitfield, head of communications at Brace’s, said: “We have been interested in working with Nathan for a while, as he is such a creative and much-loved local artist. He and Angharad Collins, manager at The General Offices, are offering free workshops at the exhibition for local summer schools and youngsters from local community groups and this sits really well with the community support we try and offer at Brace’s.”last_img read more

Stoke v Chelsea: Baba and Mikel start

first_imgBaba Rahman and Mikel start for Chelsea in the Capital One Cup fourth-round clash at the Britannia Stadium, where Blues keeper Asmir Begovic faces his former club.Mikel starts in midfield, where Chelsea are without the suspended Nemanja Matic, while Baba gets a chance to impress at left-back, with Cesar Azpilicueta making way. Kurt Zouma is again deployed at right-back.There is also a starting place for Oscar, who replaces Cesc Fabregas, while Loic Remy is among the substitutes after shaking off an injury.Stoke captain Ryan Shawcross makes his first appearance of the season after overcoming a back injury.Striker Mame Biram Diouf, who has been on compassionate leave, also returns for the Potters.Stoke: Butland; Bardsley, Shawcross, Wollscheid, Muniesa; Whelan, Adam; Diouff, Afellay, Arnautovic; Walters.Subs: Given, Ireland, Odemwingie, Wilson, Sidwell, Shaqiri, Crouch.Chelsea: Begovic; Zouma, Cahill, Terry, Baba; Ramires, Mikel; Willian, Oscar, Hazard; Costa.Subs: Amelia, Djilobodji, Azpilicueta, Loftus-Cheek, Traore, Kenedy, Remy.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Denise Van Outen Launches The First Ever Sainsburys Sport Relief Games

first_imgDenise van Outen has gone from yummy mummy to star athlete to launch the first ever Sainsbury’s Sport Relief Games.Denise showed her strength in her swimming gear as it was revealed that for the first time ever the public can take part in three sporting challenges for Sport Relief – running, swimming and cycling – all over one epic weekend from 21st – 23rd March 2014.The events will take place in over a thousand locations across the country including landmark events at Queen Elizabeth Olympic Park. Those lucky enough to get a place will be one of the first to experience the Park in all its glory as it fully reopens next year, with events and entertainment taking place over the fun-filled weekend.Anyone wanting to guarantee a space at the Park or other venues across the UK and make the most of half price entry can enter at www.sportrelief.com.Denise Van Outen said: “I love Sport Relief and even took part in a mile event when I was pregnant! This year I’m going to do something more challenging and swim 5km. My three year old, Betsy, has just started having swimming lessons so I thought it was time for mummy to learn properly too as I’ve never been very confident in the water, so the Sport Relief swim really will be a challenge for me.”As well as accessible events for everyone, the new Sainsbury’s Sport Relief Games offer the public even sportier challenges than ever before. Whether people want to cycle 50 miles, swim 5km or run 6 miles, those looking for a challenge need to sign up early, start training and make every mile count by raising heaps of cash for some of the poorest and most disadvantaged people in the UK and around the world.But it’s not all about the tough stuff, there are plenty of options to join in the fun and games during the Sport Relief Weekend: Walk, jog or run the Sainsbury’s Sport Relief Mile, choosing from 1, 3 or 6 mile distances Make a splash with the Sainsbury’s Sport Relief Swimathon, and choose from a range of 
individual and team distances, including 1.5km, 2.5km and 5km or people can choose their 
own distance with SimplySwim People can get on their bikes and take part in the Sainsbury’s Sport Relief Cycle, taking place 
in Glasgow, Manchester and London’s Lee Valley VeloPark. Participants can cycle 25 miles, 50 miles or get the whole family involved in a 3 mile cycle 
Money raised from Sport Relief will be spent helping some of the poorest and most disadvantaged people in the UK and around the world.
For more information about how to have fun, raise cash and change lives by entering the unmissable Sainsbury’s Sport Relief Games, go to sportrelief.com.last_img read more