Tiger Brokers

BRIEF-Heartflow Announces Merger With Longview Acquisition Corp II To Become A Publicly Traded Company

Reuters
Jul 15, 2021

July 15 (Reuters) - Longview Acquisition Corp II :

* HEARTFLOW, THE LEADER IN PRECISION HEART CARE, ANNOUNCES MERGER WITH LONGVIEW ACQUISITION CORP. II TO BECOME A PUBLICLY TRADED COMPANY

* LONGVIEW ACQUISITION CORP II - COMBINED PRO FORMA ENTERPRISE VALUE IS APPROXIMATELY $2.4 BILLION

* LONGVIEW ACQUISITION CORP II - TRANSACTION SUPPORTED BY EXISTING INSTITUTIONAL SHAREHOLDERS

* LONGVIEW ACQUISITION CORP II - DEAL WILL ALSO PROVIDE COMBINED COMPANY WITH AN ESTIMATED $400 MILLION IN CASH FOR GROWTH CAPITAL

* LONGVIEW ACQUISITION CORP II - DEAL EXPECTED TO DELIVER UP TO $599 MILLION OF GROSS PROCEEDS TO HEARTFLOW

* LONGVIEW ACQUISITION CORP II - ANY EXCESS CASH IN TRUST TO BE DISTRIBUTED BY CO TO SHAREHOLDERS THROUGH SPECIAL DIVIDEND OF UP TO $91 MILLION PRIOR TO CLOSING

Source text for Eikon: Further company coverage:

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

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