UPH

UpHealth, Inc.

UPH

Market cap $5.33M

Delisted

UPH was delisted on the 11th of December, 2023.

Back to rankings

About: UpHealth Inc is a digital health company intent on creating a single, integrated platform of technologies and services essential to personalized, affordable, and effective care globally. The company's segment includes Integrated Care Management; Virtual Care Infrastructure; Services and Corporate. It generates maximum revenue from the Services segment. Geographically, it derives a majority of revenue from the Americas.

Employees: 587

Healthcare Medical Care Facilities

Financial journalist opinion

UpHealth Announces CEO Transition and Organizational Changes

Jay Jennings Appointed Acting Chief Executive Officer of UpHealth; Replacing Martin Beck Announces the Promotion of Lisa Fluxman to President of TTC Healthcare Reaffirms Jeremy Livianu as Chief Legal Officer and Secretary of UpHealth DELRAY BEACH, Fla. , July 15, 2024 /PRNewswire/ -- UpHealth, Inc. ("UpHealth," the "Company") (NYSE: UPH), a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, today announced the July 11, 2024 appointment by the Board of Directors of the Company of Jay Jennings, currently the Company's Chief Financial Officer, to serve as the Company's Acting Chief Executive Officer, replacing Martin Beck, who resigned as Chief Executive Officer effective July 10, 2024.

UpHealth Announces CEO Transition and Organizational Changes

UpHealth Holdings Takes Steps to Enforce the International Court of Arbitration's Final Award to UpHealth Holdings of more than $110 Million in Damages in Breach of Contract Lawsuit Involving the 2020 Purchase by UpHealth of Glocal Healthcare Systems

DELRAY BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“UpHealth”) (OTC: UPHL), a leading provider of a full continuum of behavioral health solutions through the utilization of evidence-based treatments and services, today provided an update on the efforts of UpHealth Holdings, Inc. (“Holdings”), a wholly-owned direct subsidiary of UpHealth, to enforce the International Court of Arbitration of the International Chamber of Commerce (the “ICA”)'s Final Award to Holdings and against Glocal Healthcare Systems (“Glocal”) and several of Glocal's officers and shareholders (together with Glocal, the “Respondents”).

UpHealth Holdings Takes Steps to Enforce the International Court of Arbitration's Final Award to UpHealth Holdings of more than $110 Million in Damages in Breach of Contract Lawsuit Involving the 2020 Purchase by UpHealth of Glocal Healthcare Systems

UpHealth Provides Corporate Update and Announces Fourth Quarter and Full Year 2023 Financial Results

~ Glocal Ruling from Arbitral Tribunal in Favor of Company for up to $110.2 Million in Damages ~ ~ Sale of Cloudbreak Health Business Closed on March 15, 2024 ~ ~ Gross Cash Proceeds of $180 Million from the Cloudbreak Sale Will Be Used to Pay Down Debt, Including All of the Company's $115 Million 2026 Notes and a Substantial Portion of its $57.2 Million 2025 Notes ~ ~ Continues Simplification Strategy Focused on Profitable TTC Behavioral Healthcare Business ~ DELRAY BEACH, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“we,” “UpHealth,” or the “Company”) (OTC: UPHL) today provided a corporate update and announced financial results for the fourth quarter and full year ended December 31, 2023.

UpHealth Provides Corporate Update and Announces Fourth Quarter and Full Year 2023 Financial Results

The International Court of Arbitration awarded UpHealth Holdings more than $110 Million in Damages in Breach of Contract Lawsuit Involving the 2020 Purchase by UpHealth of Glocal Healthcare Systems

DELRAY BEACH, Fla., March 20, 2024 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“UpHealth”) (OTC: UPHL), a global digital health company delivering a full continuum of behavioral health solutions through the utilization of evidence-based treatments and services, today provided an update on the arbitration brought by UpHealth Holdings, Inc., a wholly-owned direct subsidiary of UpHealth (“Holdings”), against Glocal Healthcare Systems (“Glocal”) and several of Glocal's officers and shareholders (together with Glocal, the “Respondents”). On March 18, 2024, the International Court of Arbitration of the International Chamber of Commerce (the “ICA”) transmitted the Final Award to the parties. In the Final Award, the arbitral tribunal (“Tribunal”) found the Respondents liable for breach of contract and directed them to pay Holdings up to $110.2 million in damages, as well as most of the legal costs and other expenses that Holdings incurred in the arbitration. The $110.2 million damages are apportioned based on the shareholders percentage of each of the Indian directors and shareholders of Glocal: 34.38% to be paid by Dr. Syed Sabahat Azim, 34.38% by Richa Sana Azim, 4.69% by Mr. Gautam Chowdhury, 22.54% by Mr. Meleveetil Damodaran, and 4.02% by Kimberlite Social India Private Limited.

The International Court of Arbitration awarded UpHealth Holdings more than $110 Million in Damages in Breach of Contract Lawsuit Involving the 2020 Purchase by UpHealth of Glocal Healthcare Systems

UpHealth Completes Sale of Cloudbreak Health at $180 Million Full Cash Deal

DELRAY BEACH, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“we,” “our,” “UpHealth,” or the “Company”) (NYSE: UPHL) today announced that it completed its previously announced sale of Cloudbreak Health, LLC (“Cloudbreak”), best known for its Martti™ translation offering, to a newly formed entity controlled by GTCR LLC for $180 million in gross cash proceeds on March 15, 2024.

UpHealth Completes Sale of Cloudbreak Health at $180 Million Full Cash Deal

NYSE to Commence Delisting Proceedings Against UpHealth, Inc. (UPH)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of UpHealth, Inc. (the “Company”) — ticker symbol UPH — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company's common stock pursuant to Section 802.01B of the NYSE's Listed Company Manual because the Company had f.

NYSE to Commence Delisting Proceedings Against UpHealth, Inc. (UPH)

NYSE to Commence Delisting Proceedings with Respect to the Warrants of UpHealth, Inc. (UPH.WS)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the redeemable warrants of UpHealth, Inc. (the “Company”), exercisable for one share of common stock at an exercise price of $115.00 per share (the “Warrants”) — ticker symbol UPH.WS — from the NYSE. Trading in the Company's Warrants will be suspended immediately. Trading in the Company's common stock — ticker symbol U.

NYSE to Commence Delisting Proceedings with Respect to the Warrants of UpHealth, Inc. (UPH.WS)

UPHEALTH RESUMES TRADING ON THE NEW YORK STOCK EXCHANGE

DELRAY BEACH, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“UpHealth,” or the “Company”) (NYSE: UPH), today announced that the Company has resumed trading on the New York Stock Exchange (“NYSE”) under the symbol “UPH.” Trading of UPH resumed, today on November 21, 2023, at market open following the disclosures provided in the November 20, 2023 filings, accessible via the Company's Investor Relations website and the Securities and Exchange Commission at www.sec.gov .

UPHEALTH RESUMES TRADING ON THE NEW YORK STOCK EXCHANGE

UpHealth Provides Corporate Update And Issues Financial Results For The Third Quarter Of 2023

~ Posts Strong Year Over Year Revenue Growth in Telehealth and Behavioral Health Businesses, Gross Margin Expanded to 54% and $5.4 million in Adjusted EBITDA ~ ~ Reviews in Detail the Voluntary Chapter 11 Protection Filings of One Division of UpHealth, Inc., UpHealth Holdings, Inc., and Certain of its Subsidiaries ~ ~ Entered into Definitive Agreement for Sale of Cloudbreak Health Business to GTCR for $180 Million ~ ~ Simplifies Strategy and Focuses on Profitable TTC, Behavioral Healthcare Business ~

UpHealth Provides Corporate Update And Issues Financial Results For The Third Quarter Of 2023

GTCR to Acquire Cloudbreak Health

Leading video-focused language interpretation service provider to become independent company CHICAGO , Nov. 16, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Cloudbreak Health, LLC ("Cloudbreak" or "the Company"), a leading provider of tech-enabled, healthcare-focused language interpretation services, in a corporate carve-out transaction from UpHealth, Inc. ("UpHealth", NYSE: UPH). Under the terms of the agreement, the purchase price is $180 million, and the transaction is expected to close in the first quarter of 2024 following the receipt of customary regulatory and stockholder approvals and closing conditions.

GTCR to Acquire Cloudbreak Health

See News Rankings

Charts implemented using Lightweight Charts™