GigCapital2 (GIX) Adds $285M PIPE to UpHealth Deal

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GigCapital2 (GIX) Adds $285M PIPE to UpHealth Deal

GigCapital2 (NYSE:GIX) announced this evening that it has arranged an additional $285M in funding for its business combination with digital healthcare provider UpHealth. Just $30 million of this amount comes in the form of a traditional PIPE priced at $10 per share, while the remaining $255 million is in the form of 5-year convertible notes.
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