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Sabra Health Care REIT Appoints Michael Costa as Chief Accounting Officer

Sabra Health Care REIT Appoints Michael Costa as Chief Accounting Officer

IRVINE, Calif.–(BUSINESS WIRE)–
Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced that Michael Costa has been appointed Chief Accounting Officer and, in such capacity, has been designated by the Company’s Board of Directors as the Company’s principal accounting officer.

Mr. Costa currently serves as Sabra’s Executive Vice President – Finance, a position he has held since August 2017. Previously, Mr. Costa held various leadership positions overseeing Sabra’s accounting and finance functions since Sabra’s inception in November 2010. Mr. Costa has more than 15 years of experience in commercial real estate finance and accounting, having previously worked for KBS Realty Advisors and Ernst & Young’s Real Estate Assurance practice.

Mr. Costa earned his master’s degree in Accounting from the University of Virginia and his bachelor’s degree in Accounting from California State University, Fullerton. Michael is a Certified Public Accountant and licensed real estate broker in California.

Commenting on Mr. Costa’s expanded responsibilities, Harold Andrews, Executive Vice President, CFO and Secretary, said, “Michael and I have worked closely together since 2010, starting just prior to the formation of Sabra. He has been a key member of the management team and played a critical role in our successes these past 10 years. I am very excited that Michael has achieved this milestone in his career and look forward to his ongoing contributions to our success at Sabra.”

About Sabra

Sabra operates as a self-administered, self-managed real estate investment trust (a “REIT”) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

Investor & Media Inquiries: 1-888-393-8248 or [email protected]

 

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: REIT Accounting Professional Services Commercial Building & Real Estate Construction & Property

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Mirum Pharmaceuticals Provides Corporate Update

Mirum Pharmaceuticals Provides Corporate Update

– Completion of maralixibat rolling NDA targeted for Q1 2021

– Expecting first-patient-in for volixibat studies in ICP and PSC, and maralixibat study in biliary atresia in Q1 2021

– Launching volixibat primary biliary cholangitis program in H2 2021

– European commercial leader hired in anticipation of potential approval of maralixibat

FOSTER CITY, Calif.–(BUSINESS WIRE)–
Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM), a biopharmaceutical company focused on the development and commercialization of a late-stage pipeline of novel therapies for debilitating liver diseases, today provided a corporate update in advance of the company’s presentation at the 39th Annual J.P. Morgan Healthcare Conference.

“I am very excited about what 2021 holds for Mirum. In the first quarter alone, we expect to complete our rolling NDA submission for maralixibat, taking us one step closer to making this medicine available to patients with Alagille syndrome, and expect to initiate three randomized studies of maralixibat and volixibat in new indications,” said Chris Peetz, president and chief executive officer at Mirum. “Today we are announcing key progress in maralixibat launch readiness and further expansion of the volixibat program into primary biliary cholangitis with an additional, potentially registrational, randomized study.”

2021 Pipeline Highlights

– Expects completion of rolling new drug application (NDA) submission to the U.S. Food and Drug Administration (FDA) for maralixibat for the treatment of cholestatic pruritus associated with Alagille syndrome in the first quarter of 2021.

– Ongoing review of the marketing authorization application to the European Medicines Agency for maralixibat in progressive familial intrahepatic cholestasis, type 2 (PFIC2) in Europe.

– Anticipates randomizing patients into three clinical studies in the first quarter of 2021:

  • Phase 2a/2b study (OHANA) of volixibat for the treatment of intrahepatic cholestasis of pregnancy.
  • Phase 2b study (VISTAS) of volixibat for the treatment of pruritus associated with primary sclerosing cholangitis.
  • Phase 2 study (EMBARK) of maralixibat for the treatment of biliary atresia.

– Planning to initiate a Phase 2b study of volixibat for the treatment of pruritus associated with primary biliary cholangitis in the second half of 2021.

Corporate Highlights – Strategically Financed for Growth

– Cash, cash equivalents and investments of $231.8 million at end of 2020, including:

  • Gross proceeds of $75 million from follow-on public offering of common stock in the fourth quarter.
  • Gross proceeds of $60 million, including a $10 million equity investment, from the funding arrangement with Oberland Capital in the fourth quarter.

– Access to up to an additional $150 million from the Oberland Capital funding arrangement to support maralixibat potential launch and pipeline expansion.

– Maralixibat has rare pediatric disease designation for both the treatment of pruritus associated with Alagille syndrome and the treatment of PFIC2. The designation makes maralixibat eligible for a Rare Pediatric Disease Priority Review voucher upon approval of the therapy by the FDA.

Global Launch Readiness

Today, the company announced the appointment of Alexey Kutahov, MD as its general manager, EMEA, to lead its launch readiness activities for maralixibat in Europe. Dr. Kutahov will be responsible for all European activities related to market development and commercial launch strategies, with direct oversight of marketing, market access and sales. Dr. Kutahov joins Mirum with 20 years leading biopharmaceutical development and commercialization programs, having served most recently as general manager of Europe for Sarepta Therapeutics. Prior to Sarepta, Dr. Kutahov was head of market access innovation at Amgen. Before joining Amgen, he was head of central European market access at Novartis. Dr. Kutahov also held positions of increasing responsibility at Eli Lilly and Sandoz.

In connection with his employment, the Compensation Committee of Mirum’s Board of Directors granted Dr. Kutahov an inducement award consisting of a non-qualified stock option to purchase 55,000 shares of common stock under Mirum’s 2020 Inducement Plan. The Compensation Committee of Mirum’s Board of Directors approved the award as an inducement material to Dr. Kutahov’s employment in accordance with Nasdaq Listing Rule 5635(c)(4).

The stock option has an exercise price per share equal to $19.44 per share, Mirum’s closing trading price on January 11, 2020, and will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the vesting commencement date and the balance of the underlying shares vesting monthly thereafter over 36 months, subject to Dr. Kutahov’s continued service relationship with Mirum through the applicable vesting dates. The award is subject to the terms and conditions of Mirum’s 2020 Inducement Plan and the terms and conditions of an award agreement covering the grant.

About Mirum Pharmaceuticals

Mirum Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of a late-stage pipeline of novel therapies for debilitating liver diseases. Mirum’s lead product candidate, maralixibat, is an investigational oral drug in development for Alagille syndrome (ALGS), progressive familial intrahepatic cholestasis (PFIC), and biliary atresia. Mirum has initiated a rolling NDA submission for maralixibat in the treatment of cholestatic pruritus in patients with ALGS and expects to complete the submission in the first quarter of 2021. Additionally, Mirum’s marketing authorization application for the treatment of pediatric patients with PFIC2 has been accepted for review (validated) by the European Medicines Agency.

Mirum is also developing volixibat, also an oral ASBT-inhibitor, in primary sclerosing cholangitis and intrahepatic cholestasis of pregnancy. For more information, visit MirumPharma.com.

Follow Mirum on Twitter, Facebook, LinkedIn and Instagram.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, the results, conduct and progress of Mirum’s ongoing and planned studies for its product candidates and the regulatory approval path for its product candidates, the strength of Mirum’s balance sheet and the adequacy of cash and cash equivalents on hand, and commercial readiness activities. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “plans,” “will,” ”may,” “expects,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Mirum’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with Mirum’s business in general, the impact of the COVID-19 pandemic, and the other risks described in Mirum’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. Mirum undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Investor Contact:

Ian Clements, Ph.D.

[email protected]

Media Contact:

Erin Murphy

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health Clinical Trials

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#RollTide: Regions Bank Offers National Championship Debit Cards and Checks

#RollTide: Regions Bank Offers National Championship Debit Cards and Checks

Exclusive cards and checks will help fans celebrate (another) Crimson Tide triumph.

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank on Tuesday announced the launch of exclusive debit cards and checks celebrating the Alabama Crimson Tide’s victory in the College Football Playoff National Championship game.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210112005403/en/

Regions customers can order the cards or checks celebrating the Tide’s championship following a highly successful 2020-21 season. (Photo: Business Wire)

Regions customers can order the cards or checks celebrating the Tide’s championship following a highly successful 2020-21 season. (Photo: Business Wire)

Current Regions customers can now order their commemorative cards or checks at any Regions branch or by calling 1-800-REGIONS. The cards are also available through the Regions YourPix Studio®at this link or at www.regions.com/gobama. Checks are available through Regions’ online banking platform and www.ordermychecks.com. New customers can request the debit cards or checks when they open an account.

“Last night was an amazing finish to an amazing football season – one that was unlike any other season we’ve seen before,” said Scott Peters, head of Consumer Banking for Regions. “This is a proud moment for Crimson Tide fans, especially after all the challenges that athletic programs have endured during the pandemic. As the official bank of the Southeastern Conference, we are thrilled to see the National Championship trophy remain in the SEC, and we are honored to help Alabama fans celebrate with these custom-designed cards and checks that reflect the Tide’s tradition of excellence.”

The debit cards are available for order at a cost of $10. The commemorative Champions Debit Card can be used with all Regions Bank consumer checking accounts. The total cost for commemorative checks may vary based on customers’ locations and account types (Note: Discounts may not apply; price will be disclosed at time of order.).

In addition to the National Championship cards, Regions offers a number of other collegiate debit cards for select SEC universities as well as Historically Black Colleges and Universities in Regions’ branch-banking footprint.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $145 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Jeremy D. King

Regions Bank

205-264-4551

Regions News Online: regions.doingmoretoday.com

Regions News on Twitter: @RegionsNews

KEYWORDS: Alabama United States North America

INDUSTRY KEYWORDS: Finance Football Banking Sports Professional Services

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Regions customers can order the cards or checks celebrating the Tide’s championship following a highly successful 2020-21 season. (Photo: Business Wire)
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JetBlue Introduces Its New Airbus A220-300 with Stunning Design Features and Industry-Leading Onboard Customer Experience

JetBlue Introduces Its New Airbus A220-300 with Stunning Design Features and Industry-Leading Onboard Customer Experience

Widest Seat in the Fleet and Unparalleled Inflight Experience, Combined With Lower Operating Costs and Superior Performance Capabilities Set Airline Up For Continued Success in the Decade Ahead

NEW YORK–(BUSINESS WIRE)–
JetBlue (NASDAQ: JBLU) today introduced the all-new onboard experience which will soon greet customers aboard the airline’s Airbus A220-300, a next-generation aircraft which combines style and substance with its game-changing economics and a custom-created cabin design customers will love. The first of 70 A220s JetBlue has on order was delivered to the airline’s home at John F. Kennedy International Airport Terminal 5 in New York on December 31, with its interior revealed for the first time today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210112005406/en/

Welcome aboard JetBlue’s A220 aircraft. (Photo: Business Wire)

Welcome aboard JetBlue’s A220 aircraft. (Photo: Business Wire)

“With the A220 we’ve taken a state-of-the-art aircraft and added our award-winning touch to bring to life an experience only JetBlue could dream up,” said Jayne O’Brien, head of marketing and loyalty, JetBlue. “We look forward to welcoming customers onboard our newest aircraft, with incredible onboard comfort, one-of-a-kind design elements and unparalleled entertainment and connectivity.”

Spacious Seats

JetBlue’s A220 is outfitted with the Collins Meridian seat, customized around customer feedback and featuring a number of design elements with comfort and convenience in mind. And, in a first for the airline’s fleet, seating is arranged in a two-by-three configuration. Whether traveling as a couple or a family, JetBlue’s newest plane has multiple seating options for all party sizes.

  • 140 seats with an expanded width of 18.6 inches, the widest available for a single aisle aircraft and the widest in JetBlue’s fleet.
  • Six rows of Even More Space® seating
  • Enhanced cushion comfort and adjustable headrests with premium Ultraleather®, a softer, more breathable vegan leather material.
  • Contoured seatback design at knee level creating additional living space for every customer.
  • Custom designed seatback storage with mesh pockets, perfectly sized for water bottles and loose items.
  • Easy-to-reach in-seat power, featuring AC, USB-A, and USB-C ports.

Keeping Customers Connected

JetBlue will build on its reputation as an industry leader in inflight entertainment options with Thales AVANT and ViaSat-2 connectivity. With this system, JetBlue will offer every customer aboard the A220 expanded and personalized entertainment choices in nearly every region the airline flies (b). JetBlue is the first airline to receive an A220 with Viasat connectivity and only US carrier with free high speed Fly-Fi® on every plane, providing Customers with the ability to connect an unlimited number of devices and stream, surf, or chat during the entire flight, from gate to gate.

  • 10.1 inch, 1080P high definition screen at every seat.
  • 30 channels of DIRECTV® with DVR-like pause and rewind functionality, full seasons of shows, hundreds of movies, and premium content from HBO & SHOWTIME.
  • Picture-in-picture function.
  • Enhanced, 3D flight map offering multiple ways to track time to destination.
  • Personal handheld device pairing capabilities for use as a remote or gaming controller.
  • Expanded Fly-Fi® connectivity, providing coverage to nearly the entire JetBlue network.

Sleek Style in the Sky

JetBlue – which offers the most legroom in coach (b) – is also maximizing the A220’s ultra-modern design to create an elevated customer experience throughout the interior. Every aspect of the aircraft has been meticulously customized to create the perfect environment to deliver JetBlue’s award-winning service.

  • Bigger windows for better views and creating an overall spacious feel.
  • More spacious overhead bins for additional carry-on bag capacity.
  • Custom LED mood lighting designed to provide a more soothing inflight experience with lighting scenarios that change with time of day or phase of flight.
  • Redesigned front galley partitions to enhance customer privacy near crew workspace.
  • Lavatories featuring subway tile patterns – a nod to being New York’s Hometown Airline® – and gender-neutral signage unique to JetBlue.
  • Custom-created front and rear wall panel patterns, which incorporate dots and dashes from Morse code to spell out something fun.

Focus City Flying First

The A220 covers a wide mix of new and existing market possibilities with excellent economics on short, medium and even potentially transcontinental markets. The A220’s favorable economics open the door to new markets and routes that would have been unprofitable with JetBlue’s existing fleet. Initially the A220 will begin flying this spring before entering scheduled service by mid-June on JetBlue’s Boston – Fort Lauderdale, Fla. route. New cities, routes and markets will be evaluated in the future as more aircraft join the JetBlue fleet.

Economics & the Environment

The A220 boasts a nearly 30 percent lower direct operating cost per seat than the current Embraer 190. The A220 is powered exclusively by Pratt & Whitney GTF engines, which deliver double-digit improvements in fuel and carbon emissions. Optimizing fuel burn is an important first step in JetBlue’s cost-conscious sustainability strategy, and prioritizing fuel-efficient aircraft and engines aligns with JetBlue’s approach to reducing emissions. Earlier this year, JetBlue became the first major U.S. airline to achieve carbon neutrality for all domestic flights, and later announced its plans to achieve net zero carbon emissions across all operations by 2040.

JetBlue continues to navigate the new travel environment with a steady hand and a long-term view on recovery. The investment in the A220 allows the airline to continue to execute its low cost business model, and enables JetBlue to continue to offer low fares to more customers.

Meet JetBlue’s A220:https://www.jetblue.com/flying-with-us/our-planes/A220

About JetBlue Airways

JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers across the U.S., Caribbean, and Latin America. For more information, visit jetblue.com.

(a)

 

Fly-Fi and live television are available on all JetBlue-operated flights. On ViaSat-2 equipped

aircraft, Fly-Fi will not be available on portions of some routes, and live television will not be

available while operating outside of the contiguous U.S., or until the aircraft returns to the coverage

area. On all other aircraft, Fly-Fi and live television will not be available while operating outside of

the contiguous U.S., or until the aircraft returns to the coverage area.

 

 

 

(b)

 

JetBlue offers the most legroom in coach based on average fleet-wide seat pitch for U.S. airlines.

 

JetBlue Corporate Communications

Tel: +1.718.709.3089

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Other Travel Transportation Destinations Travel Other Transport Vacation Air Transport

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Welcome aboard JetBlue’s A220 aircraft. (Photo: Business Wire)
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Welcome aboard JetBlue’s A220 aircraft. (Photo: Business Wire)
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Welcome aboard JetBlue’s first A220 aircraft. (Photo: Business Wire)
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JetBlue’s A220 aircraft features easy-to-reach in-seat power, featuring AC, USB-A, and USB-C ports at every seat. (Photo: Business Wire)
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JetBlue’s A220 aircraft features spacious overhead bins for additional carry-on bag capacity. (Photo: Business Wire)
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Fullstack Academy Launches Income Share Agreements to Expand Access to Tech Education

Fullstack Academy Launches Income Share Agreements to Expand Access to Tech Education

New Financing Option Provides Greater Flexibility for Professionals Seeking to Upskill in Software Development and Cybersecurity

NEW YORK–(BUSINESS WIRE)–Fullstack Academy, one of the nation’s preeminent technology bootcamps, today announced the launch of an Income Share Agreement (ISA) program enabling students to participate in tech skills training while deferring the majority of tuition costs until employment is secured.

Applying specifically to full-time bootcamps offered at Fullstack Academy’s New York City campus, the ISA program will enhance access to Fullstack’s software development and cybersecurity bootcamps. The program furthers the organization’s commitment to diversity it established when creating the Grace Hopper Program, the country’s premier technical bootcamp for women+- students.

Under Fullstack Academy’s ISA, students can choose to defer paying tuition for the duration of the program in exchange for sharing a percentage of their post-bootcamp income on a monthly basis. The only required payment at the bootcamp’s commencement is an enrollment deposit.

“Since our founding, we have remained focused on increasing access to high-quality tech education. ISAs will help us increase access for those who aren’t able to afford all the up-front tuition costs,” said Nimit Maru, Fullstack Academy Co-Founder and Co-CEO. “This new financing option enables students to focus more on learning and less on cost so they can benefit from our cutting-edge curriculum that effectively prepares them for a successful career in tech.”

Fullstack Academy’s award-winning curriculum has enabled its New York City campus graduates to earn a median annual salary of $85,000 on average, according to Fullstack Academy’s Council on Integrity in Results Reporting (CIRR) data. New career opportunities have come from preeminent U.S. tech companies such as Amazon, Google, Facebook, and more.

To launch and manage the ISA program, Fullstack Academy partnered with ISA management platform Leif, which works with elite education providers across various fields of study. Leif’s outcomes-aligned tuition financing solutions help education providers unlock full program growth and impact potential.

“We have long admired Fullstack Academy’s best-in-class technology training, program outcomes, and impact in diversifying tech through its Grace Hopper program,” remarked Jeffrey Groeber, CEO of Leif. “We are committed to helping programs like Fullstack Academy grow and thrive during these challenging times by leveraging outcomes-aligned tuition financing.”

Fullstack Academy’s ISAs are immediately available to students enrolling in its March 2021 cohorts in New York City. For more information, please visit

www.fullstackacademy.com/income-share-agreement.

About Fullstack Academy

Fullstack Academy is a coding bootcamp based in New York City. Founded in 2012, they offer cybersecurity and web development bootcamps at their Chicago and New York City campuses and online. Fullstack Academy also offers the Grace Hopper Program, an immersive software engineering course for women+, in addition to partnerships with leading universities nationwide, including Virginia Tech, Caltech CTME, and Louisiana State University. Graduates have been hired by Google, Facebook, Amazon, Fortune 100 firms, and startups. Fullstack Academy is part of the Zovio (Nasdaq: ZVO) network.

About Zovio

Zovio (Nasdaq: ZVO) is an education technology services company that partners with higher-education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, which includes Fullstack Academy, TutorMe, and Learn@Forbes, leverages its core strengths and applies its technology and capabilities to priority market needs. Using advanced data and analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio’s purpose is to help everyone be in a class of their own. For more information, visit zovio.com.

About Leif

Leif is a technology company dedicated to increasing access to quality and affordable education. The company has developed an end-to-end platform that enables the design, origination, and program management of Income Share Agreement programs. As the infrastructure layer that powers the Income Share Agreement ecosystem, Leif partners with schools to provide students with an outcomes-aligned form of education finance.

Tyler Holder

[email protected]

904-398-5222

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Software Finance Professional Services Technology University Education Training Security

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Keys Soulcare Shines at Full Wattage With Six New Offerings

Keys Soulcare Shines at Full Wattage With Six New Offerings

Shares the soul of beauty through dermatologist-developed, clean formulas with skin-nourishing ingredients and soul-nurturing rituals.

OAKLAND, Calif.–(BUSINESS WIRE)–In case no one told you this yet today: you are infinitely capable of great things, big dreams and beautiful outcomes. ~Alicia Keys

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210112005636/en/

Keys Soulcare new dermatologist-developed clean skincare offerings. Photo Courtesy: Keys Soulcare

Keys Soulcare new dermatologist-developed clean skincare offerings. Photo Courtesy: Keys Soulcare

Today, Keys Soulcare shines at full wattage unveiling six newdermatologist-developed clean skincare offerings, after debuting the first three in December 2020. Created with 15-time Grammy-Award winning artist, producer, actress, and New York Times best-selling author Alicia Keys, and board-certified dermatologist and co-founder of clean beauty pioneer WƎLL PEOPLE, Dr. Renée Snyder, the offerings are inspired by Alicia’s own skincare journey and love of ancient beauty rituals.

“I’ve learned I can see people with my eyes, but it’s the spirit that shines through that makes someone beautiful,” says Alicia Keys. “Beauty is about how we connect, how we check in with our spirits, how we accept and love ourselves. It’s paying attention to the parts inside you can’t see but you feel. This is what Keys Soulcare is about.”

“The initial idea was to create a skincare line,” reveals Keys Soulcare President Kory Marchisotto. “But it soon became clear that Alicia’s vision had the power to transcend beauty, to create something deeper, and that is when we became divinely aligned around our vision to blaze a new trail in beauty with Alicia as our guiding light.”

The new collection features the Golden Cleanser, Be Luminous Exfoliator, Harmony Mask, Reviving Aura Mist, Comforting Balm and Fragrance-Free Skin Transformation Cream, and joins the Sage + Oat Milk Candle, Obsidian Facial Roller and Skin Transformation Cream. All offerings are dermatologist-developed, clean and cruelty-free, with each product intentionally bearing a soul-empowering affirmation.

DERMATOLOGIST-DEVELOPED, CLEAN FORMULAS

All Keys Soulcare offerings deliver clean, effective formulas that are also gentle on the skin. Formulated without 1,680 substances restricted by the FDA and European Union Cosmetics Regulation Guidelines, the offerings are free of parabens, phthalates, sulfates, formaldehydes, among many other ingredients (see the full list).

SKIN-NOURISHING INGREDIENTS

Inspired by ancient beauty rituals, time-honored minerals and botanicals like malachite, manuka honey, and hojicha powder are combined with modern ingredients like hyaluronic acid, ceramides, and bakuchiol to create highly efficacious formulas gentle enough for all skin types.

As Alicia deeply believes in the power of meaningful words and in practicing intention in every action, each offering features a unique affirmation to encourage us to take time and space for ourselves and create a moment of ritual by intentionally speaking power and possibility over our daily lives.

The full collection of skin-nourishing, cruelty-free offerings available today, includes:

  • GOLDEN CLEANSER, $20 MSRP, 5.75 FL OZ

    This delicate and soothing facial pore cleanser helps purify your skin and your spirit by gently removing dirt, makeup and impurities with antioxidant-rich manuka honey, soothing turmeric and calming chamomile. Used for centuries by New Zealand’s Maori people, manuka honey is a purifying antioxidant that helps draw moisture into the skin for long-lasting hydration. An Ayurvedic essential for over 4,000 years, the golden spice turmeric is a gentle purifying and calming agent for the skin. Alicia notes, “I love learning from ancient cultures; every community has something valuable to share.”

    Affirmation: You are devoted to this moment.
  • BE LUMINOUS EXFOLIATOR, $22 MSRP, 2.29 OZ

    A water-activated powder exfoliator, formulated with antioxidant rich Japanese hojicha powder, mung beans, oats and lactic acid that transforms into a gentle creamy foam to buff away dullness, brighten complexions and reveal true radiance. Alicia uses this illuminating ritual once every couple of days to polish her skin and spirit.

    Affirmation: You are layered, complex and divine.
  • HARMONY MASK, $28 MSRP, 1.76 OZ

    A purifying cream mask formulated with charcoal, manuka honey, gold foil, and relaxing sandalwood to purify and balance your skin. This indulgent mask helps refresh, restore and calm the skin and soul, imparting a healthy glow. Alicia recommends indulging in this purifying ritual two to three times a week.

    Affirmation:You walk in your own strength.
  • REVIVING AURA MIST, $22 MSRP, 3.72 FL OZ

    Prepare to awaken your senses with this revitalizing, rose-infused facial mist. The aromatherapeutic properties of rose of Jericho, a resurrection plant capable of remaining dormant for thousands of years and then blooming again at the first drop of water, plus witch hazel work together to soothe, condition, hydrate and balance the skin. Alicia loves to apply this mist after cleansing and anytime for a renewed outlook.

    Affirmation:You are as free as the air.
  • COMFORTING BALM, $12 MSRP, 0.26 OZ

    This multi-use skin balm goes wherever moisture is needed powered by desert rose and nourishing butters and oils to help soothe, smooth, hydrate and protect from head to toe. “Skincare doesn’t stop with the face,” notes Alicia. “We have to take care of our whole selves.”

    Affirmation:You surround yourself with things that are good for you.
  • SKIN TRANSFORMATION CREAM, $30 MSRP, 1.76 OZ (Now also available in Fragrance-Free)

    A hydrating face cream that helps reveal plumped and radiant-looking skin. A plant-based alternative to retinol, bakuchiol is an antioxidant-rich exfoliator that helps improve the tone and texture of the skin. Malachite, the stone of transformation, has been used for thousands of years to cleanse, purify and calm the spirit and skin. Ceramides and hyaluronic acid provide long-lasting hydration for a look of radiance and renewal. “I like to apply the Skin Transformation Cream and focus on staying present in the moment as it absorbs,” observes Alicia.

    Also available as Fragrance-free.

    Affirmation:You welcome all circumstances as catalysts for change.
  • OBSIDIAN FACIAL ROLLER, $25 MSRP

    Experience a gentle, stimulating massage with this cooling, gentle tool made of handcrafted natural obsidian stone. Use with the Skin Transformation Cream and other skincare products to help evenly distribute the product into the skin.“All stones impart wellness and goodness. This one is to remove negative energy,” observes Alicia. “I like to chill the Obsidian Facial Roller before applying it underneath my eyes and all over my face in the morning.”

    Affirmation:You are strong, capable and unstoppable.
  • SAGE + OAT MILK SCENTED CANDLE, $38 MSRP, 7.5 OZ

    The start of any ritual begins with lighting a candle. This artisanal hand-poured candle is made of vegan soy wax. Sage exudes a smoky, calming warmth while the sweet, nutty fragrance of oat milk soothes the mind and body. The scent was developed in connection with the renowned perfumer Catherine Selig of the fine fragrance house Takasago, and Alicia has said, “the scent is me in a bottle; literally a bottle of me!”

    Affirmation:You shine at full wattage.

SOUL-NURTURING RITUALS

“Cleansing with the Golden Cleanser, exfoliating with the Be Luminous Exfoliator, applying the Skin Transformation Cream and giving my face a nice massage using the Obsidian Facial Roller is one of my favorite self-care rituals,” notes Alicia. “We’re so busy all the time that I don’t think we create these small rituals for ourselves. Even the five minutes it takes to wash my face — when I’m able to create that space for myself I feel more beautiful, more powerful, more possible. That’s soulcare.”

The Keys Soulcare offerings were developed to create your own beauty rituals. All offerings together create the Complete Soulcare Ritual, a comprehensive regimen that demonstrates the ultimate commitment to your soulcare journey: cleansing, exfoliation and hydration combined with heightened awareness, serenity, and self-love. Practice this ritual two to three times a week to keep your skin conditioned and your spirit aligned.

Begin your ritual with each offering by reading the affirmation aloud. Light your Sage + Oat Milk Candle to energize and add clarity to your thoughts with the scent of sage. Next, allow the turmeric and chamomile of the Golden Cleanser to purify and soothe your skin and your spirit. Follow with the Be Luminous Exfoliator, which polishes and boosts your radiance with hojicha and lactic acid. Next, apply the Harmony Mask for a deep, moisturizing cleanse with manuka honey and charcoal. Follow with the Skin Transformation Cream to moisturize and brighten inside and out with malachite and bakuchiol. Go deeper with the Obsidian Facial Roller for improved absorption and resilience. Next, apply the multipurpose Comforting Balm anywhere on your face and body that needs hydration. Finish with the rose-enriched Reviving Aura Mist for an instant refresh of vital moisture to help elevate your mood.

Keys Soulcare shares the soul of beauty through inspiring content, thought-provoking conversation and a unifying community. By focusing on the four “keys” of beauty—body, mind, spirit and connection—Keys Soulcare seeks to guide and support community members on their journeys to discover and embrace their full, authentic selves.

Empowering others to shine brighter and as part of the launch, Keys Soulcare is a sponsor of The HAPPY Org, a youth-founded organization that focuses on youth empowerment through holistic education. A true lightworker, CEO Haile Thomas founded The HAPPY Org when she was 12 years old as a way to help the next generation blossom into happy, healthy, and informed individuals in their homes, schools, communities, and the world.

All Keys Soulcare offerings are available for pre-sale at keyssoulcare.com and will be available on January 14 at ulta.com. Keys Soulcare will be available at ULTA Beauty stores and in international markets in early 2021.

About Keys Soulcare:

Keys Soulcare is a lifestyle beauty brand created with artist, producer, actress, and New York Times best-selling author Alicia Keys. Born of Alicia’s personal skincare journey and her passion for bringing light into the world, the brand vision is more than skin deep. Keys Soulcare shares the soul of beauty through dermatologist-developed, clean formulas, skin-nourishing ingredients and soul-nurturing rituals. With an inclusive point of view, an authentic voice, and a line of skin-loving, cruelty-free offerings, Keys Soulcare aims to bring new meaning to beauty by honoring ritual in our daily life and practicing intention in every action. Available at keyssoulcare.com and on ulta.com. Learn more by visiting www.keyssoulcare.com.

Media Contacts:

Melinda Fried

Corporate Communications, e.l.f. Beauty

[email protected]

Business Media Inquiries:

Brittany Fraser

ICR, Inc.

[email protected]

Consumer Media Inquiries:

Danielle Marmel

SHADOW

[email protected]

Alicia Keys Inquiries:

Dvora Englefield

LEDE

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Women Celebrity Consumer Fashion Luxury Cosmetics Retail Entertainment

MEDIA:

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Keys Soulcare new dermatologist-developed clean skincare offerings. Photo Courtesy: Keys Soulcare
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James J. Orozco Joins Lazard as a Managing Director, Financial Advisory

James J. Orozco Joins Lazard as a Managing Director, Financial Advisory

NEW YORK–(BUSINESS WIRE)–
Lazard Ltd (NYSE: LAZ) announced today that James J. Orozco has joined Lazard’s Financial Advisory business as a Managing Director covering financial sponsors, effective immediately. Based in San Francisco, Mr. Orozco joins from GCA Advisors, where he served as a Managing Director.

“As the market opportunity for private equity in the US continues to grow, the addition of James Orozco to our financial sponsors coverage team will strengthen Lazard’s depth and breadth of expertise across large cap, cross cap, and middle market private equity funds,” said Peter Orszag, CEO of Financial Advisory, Lazard. “James is an experienced banker with a proven track record of success and deep relationships with many of the most important private equity firms in the U.S., particularly in the technology, media and telecom industries.”

Prior to joining Lazard, Mr. Orozco served 17 years with GCA Advisors, where he established and led its Financial Sponsors practice in the U.S. and managed a portion of GCA’s venture capital and private equity relationships in its Capital Markets Group. Mr. Orozco started his career at Robertson Stephens in the Capital Markets Group in 2001, after receiving a Bachelor of Arts from Princeton University.

About Lazard

Lazard, one of the world’s preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.

LAZ_FAPE

Media:

Judi Frost Mackey, +1 212 632 1428

[email protected]

Clare Pickett, +1 212 632 6963

[email protected]

Investors:

Alexandra Deignan, +1 212 632 6886

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Finance

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fuboTV Accelerates Development of Sportsbook

fuboTV Accelerates Development of Sportsbook

Company to Acquire Vigtory, Including Its Sportsbook Technology and Pipeline of Market Access Agreements

NEW YORK–(BUSINESS WIRE)–
fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today it has executed a binding letter of intent to acquire sports betting and interactive gaming company Vigtory, and expects to launch a sportsbook before the end of the year.

Terms of the deal were not disclosed. The acquisition is subject to the execution of a definitive acquisition agreement and the satisfaction of certain closing conditions. The acquisition is expected to close in the first quarter of 2021.

fuboTV intends to leverage Vigtory’s sportsbook platform and digital gaming assets, and its consumer-driven betting technology, to develop a frictionless betting experience for fubo’s customers. Additionally, Vigtory has been in discussions for market access agreements in the eastern part of the United States and currently has a deal secured in Iowa through Casino Queen.

Vigtory was founded in 2019 by Sam Rattner and backed by SeventySix Capital. Rattner is a digital sports entrepreneur who is noted for developing and integrating sports betting content and technology with robust consumer experiences. Rattner previously founded Engine Sports, a back-testing engine allowing retail sports bettors the ability to build algorithmic betting strategies within an interactive experience. Scott Butera, who was the president of interactive gaming at MGM Resorts International and was instrumental in launching BetMGM, joined Vigtory as Rattner’s co-CEO in 2020. Prior to MGM, Butera was commissioner of the Arena Football League and held C-suite leadership positions at Foxwoods Resort Casino, Tropicana Entertainment, Cosmopolitan Resort and Casino and Trump Entertainment, among other gaming businesses.

Under the proposed acquisition, both Butera and Rattner will join fuboTV’s gaming division as president and COO, respectively.

Additionally, fuboTV announced today more details of its online wagering strategy, further positioning itself to enter what Zion Market Research estimates will become a $155 billion industry by 2024. Through its December 2020 acquisition of Balto Sports and its content automation software, fuboTV intends to launch a free to play gaming experience this summer. Free to play gaming, which will be available to all consumers whether or not they are fuboTV subscribers, will first launch in a standalone app and later be integrated directly into the fuboTV user experience. By leveraging the Vigtory and Balto acquisitions, fuboTV intends to launch a sportsbook app where consumers can see current betting lines, place a variety of wagers, cash in their winnings and much more across sports they love. Finally, the company expects to integrate the sportsbook into fuboTV’s live TV streaming platform for a seamless viewing and wagering experience.

“We believe online sports wagering is a highly complementary business to our sports-first live TV streaming platform,” said David Gandler, co-founder and CEO, fuboTV. “We don’t see wagering as simply an add-on product to fuboTV. Instead, we believe there is a real flywheel opportunity with streaming video content and interactivity. Our free to play gaming experience, which will be available to all consumers, will build further scale to fuboTV, essentially acting as another lead generator for driving subscribers to our streaming video platform and, ultimately, our sportsbook. We not only expect sports wagering to become a new line of business and source of revenue, but we also expect that it will increase user engagement on fuboTV resulting in higher ad monetization, better subscriber retention and reduced subscriber acquisition costs.”

Gandler continued, “The proposed acquisition of Vigtory will give fuboTV the technology to build a consumer-driven sports betting product and launch it before the end of this year. It will also help us solve two hurdles that challenge other media companies who want to enter the wagering market. First, Sam and Scott have years of experience navigating the complex gaming regulatory environment and, in fact, already have a first market access agreement completed. Second, fuboTV can leverage its own first party user behavior data to understand our consumers’ viewing preferences, and when and how to prompt them to consider placing bets. Uniquely, fuboTV will be a media company and sportsbook all-in-one.”

“The addition of Vigtory to fuboTV is a pivotal event in the sports entertainment industry,” said Butera. “As sports fans increasingly desire interactive sports events, sports betting and related businesses such as iGaming and free to play contests have become a critical component of fan engagement. Combining fuboTV’s broad and deep offering of live streamed sporting events with Vigtory’s world-class sports betting products creates the ultimate sports betting experience for consumers.”

“I have followed fuboTV since its launch in 2015 and am impressed that this talented team has established itself as a leader in live TV streaming,” said Rattner. “fuboTV and Vigtory share a common vision of developing great products based on great technology, all while being laser-focused on the consumer. To have the unique opportunity of integrating Vigtory’s innovative digital betting applications into live streaming, a leading vertical in how fans consume sports, is an unprecedented opportunity in the digital gaming market.”

fuboTV recently disclosed preliminary Q4 2020 results, including that it expects to have exceeded 545,000 paid subscribers in 2020, an increase of more than 72% year-over-year.

About fuboTV

fuboTV (NYSE: FUBO) is the leading sports-first live TV streaming platform offering subscribers access to tens of thousands of live sporting events annually as well as leading news and entertainment content. With fuboTV, subscribers can stream a broad mix of 100+ live TV channels, including 42 of the top 50 Nielsen-ranked networks across sports, news and entertainment – more than any other live TV streaming platform. Continually innovating to give subscribers a premium viewing experience they can’t find with cable TV, fuboTV is regularly first-to-market with new product features and was the first virtual MVPD to stream in 4K. fuboTV was also the first U.S. virtual MVPD to enter Europe with the 2018 launch of fuboTV España. fuboTV launched fubo Sports Network, the live, free-to-consumer TV network featuring live sports and award-winning original programming, in 2019.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on the current beliefs, expectations and assumptions of fuboTV and on information currently available to fuboTV. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. These statements may include, but are not limited to, statements regarding future events or future financial and operating performance, including revenue and subscriber guidance and efforts to implement sports wagering into our product. Although fuboTV believes the expectations reflected in such forward-looking statements are reasonable, fuboTV can give no assurance that such expectations will prove to be correct. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause fuboTV’s actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable law, fuboTV does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. Important factors that could cause fuboTV’s actual results to differ materially are detailed from time to time in the reports fuboTV files with the Securities and Exchange Commission, copies of which are available on the Securities and Exchange Commission’s website at www.sec.gov and are available from fuboTV without charge. However, new risk factors and uncertainties may emerge from time to time, and it is not possible to predict all risk factors and uncertainties.

Investors:

The Blueshirt Group for fuboTV

[email protected]

Media:

Jennifer L. Press, fuboTV

[email protected]

Katie Minogue, fuboTV

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Entertainment Sports Other Entertainment Football Other Sports Online General Sports

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Generation Hemp Announces Closing of the Acquisition of Halcyon Thruput, LLC for ~$5.1 Million

Generation Hemp Announces Closing of the Acquisition of Halcyon Thruput, LLC for ~$5.1 Million

DALLAS–(BUSINESS WIRE)–
Generation Hemp, Inc. (OTCPK: GENH), a Dallas-based Hemp company, announced today that it has completed the previously announced acquisition of 100% of the assets of Halcyon Thruput, LLC (“the Company”). Halcyon Thruput is a leading emerging company active in the Hemp sector that provides post-harvest and midstream services to growers by drying and processing harvested hemp directly from the field and wet-baled at the Company’s 48,000 square foot facility located in Hopkinsville, Kentucky. The drying services technology greatly increases efficiency and capacity during harvest for farmers who need to quickly move harvested hemp while preserving the cannabinoid potency by providing scalable infrastructure essential to receive and process hemp with high moisture content (“wet”) quickly. Additionally, the Company offers safe storage services for processed hemp, which enables farmers to maximize strategic market timing. The Company’s midstream business is fee income oriented, based upon a price per pound of material handled, and therefore is greatly protected from significant commodity price variations. The facility is able to process approximately 4,000 wet pounds per hour or up to 75,000 – 100,000 wet pounds per day in order to meet market demands as licensed and harvested hemp acreage continues to increase across Kentucky and additional states. The Company generated revenues for calendar year 2020 of approximately $4.0 million and EBITDA of approximately $1.5 million.

Transaction Highlights

  • Generation Hemp, Inc., closes on prior Definitive Agreements to acquire 100 percent of the assets in Halcyon Thruput, LLC.
  • The purchase price of the transaction was approximately $5.1 million, payable in $2.5 million of restricted common stock (valued at $0.40 per share) of Generation Hemp, Inc. (restricted from trading for up to one year), $1.75 million in cash, $850K in a promissory note guaranteed by Mr. Evans, and $1.0 million in assumption of existing indebtedness.
  • As a condition of the agreement to acquire the Company, Jack Sibley and Watt Stephens, co-founders of Halcyon Thruput, will remain as officers and employees of the Company under binding employment agreements for a minimum term of three years and will also become officers of the parent company, Generation Hemp.

Commenting on the closing, Mr. Gary C. Evans, Chairman & CEO of Generation Hemp, Inc., stated, “We are very pleased to announce the final closing of this transaction during a difficult period for the Hemp industry and despite the Covid-19 epidemic. Our business model of acquiring and owning companies that are not commodity price driven within the Hemp space has proven to be the most conservative route. Management is working on two other acquisition transactions within the space that are similar, i.e., service fee income oriented. Additionally, we hope to expand our existing line of business further with the implementation of new animal bedding Hemp derived products.”

Jack Sibley, co-founder of Halcyon Thruput, LLC, stated, “We are excited about the expanded opportunities that Generation Hemp presents for our business and employees. Generation Hemp is a committed leader in the emerging hemp industry and partnering with experienced business innovators such as Gary Evans is pivotal to a strong, sustainable foundation for Halcyon’s next chapter.”

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “projects,” “forecasts,” “proposes,” “should,” “likely” or similar expressions, indicates a forward-looking statement. These statements and all the projections in this press release are subject to risks and uncertainties and are based on the beliefs and assumptions of management, and information currently available to management. The actual results could differ materially from a conclusion, forecast or projection in the forward- looking information. The identification in this press release of factors that may affect the company’s future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive.

Melissa Pagen

Generation Hemp, Inc.

Phone: 310-628-2062

Email: [email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Alternative Medicine Retail Health Tobacco Agriculture Natural Resources Pharmaceutical

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Amwell Psychiatric Care (APC) Launches to Support Hospitals and Health Systems Address the Behavioral Health Gap

Amwell Psychiatric Care (APC) Launches to Support Hospitals and Health Systems Address the Behavioral Health Gap

Asana Integrated Medical Group, which supports APC, Earns Accreditation from The Joint Commission

BOSTON–(BUSINESS WIRE)–Amwell®, (NYSE: AMWL) a national telehealth leader, today announced the launch of Amwell Psychiatric Care, a solution that provides hospitals and health systems with on-demand and scheduled telepsychiatry services. The solution addresses the growing need for behavioral healthcare across the U.S. APC offers behavioral health support and clinical expertise from Asana Integrated Medical Group, which became part of Amwell in 2019 as part of its acquisition of Aligned Telehealth. Asana Integrated Medical Group has been recognized with The Joint Commission’s Gold Seal of Approval® for Behavioral Healthcare Accreditation, making it one of just a few virtual care organizations to receive this honor for behavioral health. This designation exemplifies the company’s continued commitment to delivering quality patient care.

“We are facing a behavioral health epidemic, exacerbated by a shortage of care professionals to meet patient needs. With Amwell Psychiatric Care we are addressing this problem head-on by bolstering the preparedness and resources of hospitals and health systems – the channels most overwhelmed by individuals suffering from mental illness and representing the largest cost burden to our health system,” said Dr. Peter Antall, Chief Medical Officer, Amwell. “It’s an honor to have our commitment to quality care in this space recognized by The Joint Commission and we look forward to continuing to enrich and expand our behavioral and psychiatric care offerings.”

With a focus on hospital and healthcare facility-based telepsychiatry services, APC offers 24/7 coverage by board-certified psychiatrists with industry-leading response times. APC aims to improve Emergency Department throughput, help health systems avoid costly admissions or transfers, and expedite patient discharge by rapidly evaluating psychiatric patients. APC enables psychiatrists to promptly assess and treat psychiatric patients via telehealth, empowering other health system providers to be able to remain focused on medically critical patients.

“As a private accreditor, The Joint Commission surveys health care organizations to protect the public by identifying deficiencies in care and working with those organizations to correct them as quickly and sustainably as possible,” says Mark Pelletier, RN, MS, chief operating officer, Accreditation and Certification Operations, and chief nursing executive, The Joint Commission. “We commend Asana Integrated Medical Group for its continuous quality improvement efforts in patient safety and quality of care.”

The Joint Commission’s standards are developed in consultation with health care experts and providers, measurement experts and patients. They are informed by scientific literature and expert consensus to help health care organizations measure, assess, and improve performance. The surveyors successfully conducted virtual surveys of healthcare organizations, mirroring Amwell’s commitment to virtual care by interviewing staff, conducting tracers of health records, and evaluating all required elements of performance while maintaining the safety of participants during the Covid-19 period. For more information, please visit The Joint Commission website.

For more information about Amwell Psychiatric Care, please visit https://business.amwell.com/amwell-psychiatric-care/.

About Amwell

Amwell is a leading telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell believes that digital care delivery will transform healthcare. The Company offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers telehealth solutions for over 2,000 hospitals and 55 health plan partners with over 36,000 employers, covering over 80 million lives. For more information, please visit https://business.amwell.com/.

American Well and Amwell are registered trademarks or trademarks of American Well Corporation in the United States and other countries. All other trademarks used herein are the property of their respective owners.

Forward-Looking Statements

This press release contains forward-looking statements about us and our industry that involve substantial risks and uncertainties and are based on our beliefs and assumptions and on information currently available to us. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations, financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” or “would,” or the negative of these words or other similar terms or expressions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent our beliefs and assumptions only as of the date of this release. These statements, and related risks, uncertainties, factors and assumptions, include, but are not limited to: weak growth and increased volatility in the telehealth market; inability to adapt to rapid technological changes; increased competition from existing and potential new participants in the healthcare industry; changes in healthcare laws, regulations or trends and our ability to operate in the heavily regulated healthcare industry; our ability to comply with federal and state privacy regulations; the significant liability that could result from a cybersecurity breach; and other factors described under ‘Risk Factors’ in the prospectus for our IPO filed with the SEC. These risks are not exhaustive. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Further information on factors that could cause actual results to differ materially from the results anticipated by our forward-looking statements is included in the reports we have filed or will file with the Securities and Exchange Commission. These filings, when available, are available on the investor relations section of our website at investors.amwell.com and on the SEC’s website at www.sec.gov.

Media Contact:

Holly Spring

[email protected]

781.888.8219

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Technology Mental Health Mobile/Wireless Hospitals Telecommunications Audio/Video Networks Health General Health

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