BRIEF-Cano Health To Become Publicly Traded Via Merger With Jaws Acquisition Corp

Reuters

2020/11/12

Nov 12 (Reuters) - Jaws Acquisition Corp :

* CANO HEALTH, A LEADING VALUE-BASED CARE DELIVERY PLATFORM FOR SENIORS, TO BECOME PUBLICLY TRADED VIA MERGER WITH JAWS ACQUISITION CORP.

* JAWS ACQUISITION CORP - TRANSACTION VALUES CANO HEALTH AT AN ENTERPRISE VALUE OF $4.4 BILLION

* JAWS ACQUISITION CORP - TRANSACTION EXPECTED TO PROVIDE UP TO $1.49 BILLION IN CASH PROCEEDS

* JAWS ACQUISITION - COMBINED CO WILL OPERATE AS CANO HEALTH, AND WILL BE LISTED ON NEW YORK STOCK EXCHANGE (NYSE) UNDER NEW TICKER SYMBOL "CANO."

* JAWS ACQUISITION CORP - TRANSACTION INCLUDES A FULLY COMMITTED PIPE OF $800 MILLION

* JAWS ACQUISITION CORP - PIPE LED BY $50 MILLION INVESTMENT FROM BARRY STERNLICHT, CHAIRMAN OF JAWS

* JAWS ACQUISITION CORP - PIPE INCLUDES COMMITMENTS FROM FUNDS AFFILIATED WITH FIDELITY MANAGEMENT & RESEARCH CO

* JAWS ACQUISITION CORP - PIPE INCLUDES COMMITMENTS FROM , FUNDS AND ACCOUNTS MANAGED BY BLACKROCK, THIRD POINT AND MAVERICK CAPITAL

* JAWS ACQUISITION CORP - CANO HEALTH'S MANAGEMENT TEAM, LED BY FOUNDER AND CEO MARLOW HERNANDEZ, WILL CONTINUE TO LEAD COMPANY FOLLOWING TRANSACTION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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RESEARCH CO</p><p>   * JAWS ACQUISITION CORP - PIPE INCLUDES COMMITMENTS FROM , FUNDS AND ACCOUNTS MANAGED BY BLACKROCK, THIRD POINT AND MAVERICK CAPITAL</p><p>   * JAWS ACQUISITION CORP - CANO HEALTH'S MANAGEMENT TEAM, LED BY FOUNDER AND CEO MARLOW HERNANDEZ, WILL CONTINUE TO LEAD COMPANY FOLLOWING TRANSACTION</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JWS.U","symbol_name":"Jaws Acquisition","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2082514792","we_media_id":"1062363208","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2082514792","pubTimestamp":1605179168,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1062363208","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 12 (Reuters) - Jaws Acquisition Corp   :   * CANO HEALTH, A LEADING VALUE-BASED CARE DELIVERY PL","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JWS.U":"Jaws Acquisition"},"translate_title":"简介-Cano Health将通过与Jaws收购公司合并上市交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JWS":1,"JWS.WS":1,"JWS.U":1},"content_text":"Nov 12 (Reuters) - Jaws Acquisition Corp   :   * CANO HEALTH, A LEADING VALUE-BASED CARE DELIVERY PLATFORM FOR SENIORS, TO BECOME PUBLICLY TRADED VIA MERGER WITH JAWS ACQUISITION CORP.   * JAWS ACQUISITION CORP - TRANSACTION VALUES CANO HEALTH AT AN ENTERPRISE VALUE OF $4.4 BILLION   * JAWS ACQUISITION CORP - TRANSACTION EXPECTED TO PROVIDE UP TO $1.49 BILLION IN CASH PROCEEDS   * JAWS ACQUISITION - COMBINED CO WILL OPERATE AS CANO HEALTH, AND WILL BE LISTED ON NEW YORK STOCK EXCHANGE (NYSE) UNDER NEW TICKER SYMBOL \"CANO.\"   * JAWS ACQUISITION CORP - TRANSACTION INCLUDES A FULLY COMMITTED PIPE OF $800 MILLION   * JAWS ACQUISITION CORP - PIPE LED BY $50 MILLION INVESTMENT FROM BARRY STERNLICHT, CHAIRMAN OF JAWS   * JAWS ACQUISITION CORP - PIPE INCLUDES COMMITMENTS FROM FUNDS AFFILIATED WITH FIDELITY MANAGEMENT & RESEARCH CO   * JAWS ACQUISITION CORP - PIPE INCLUDES COMMITMENTS FROM , FUNDS AND ACCOUNTS MANAGED BY BLACKROCK, THIRD POINT AND MAVERICK CAPITAL   * JAWS ACQUISITION CORP - CANO HEALTH'S MANAGEMENT TEAM, LED BY FOUNDER AND CEO MARLOW HERNANDEZ, WILL CONTINUE TO LEAD COMPANY FOLLOWING TRANSACTIONSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}