Butterfly Network Inc. said Friday it has agreed to merge with special purpose acquisition corporation Longview Acquisition Corp. LGVW, +1.10% in a deal with an enterprise value of $1.5 billion. Butterfly's Ultrasound-on-Chip™ technology replaces the traditional transducer system with a single silicon chip. Butterfly Network is backed by high-profile investors including Baillie Gifford, the Bill and Melinda Gates Foundation, and Fosun Industrial. Butterfly Network, the maker of a $2,000 handheld ultrasound device, has raised $250 million from large private investors. Butterfly Network, a global leader in democratizing medical imaging, to be listed on NYSE through a merger with Longview Acquisition Corp. Butterfly Network’s mission is to enable universal access to superior medical imaging, making high quality ultrasound affordable, easy-to-use, globally accessible and intelligently connected. InvestorPlace – Stock Market News, Stock Advice & Trading Tips Butterfly Network is going public through a merger with special purpose acquisition company … Equity securities are offered through EquityZen Securities. Butterfly Gandhi share price live updates on The Economic Times. Dr. Jonathan Rothberg is the founder of Butterfly Network. What do you think of Butterfly? Butterfly Network, Guilford, Conn., will be listed on the New York Stock Exchange under the ticker symbol BFLY. EquityZen Securities LLC (“EquityZen Securities”) is a subsidiary of EquityZen Inc. EquityZen Securities is a broker/dealer registered with the Securities Exchange Commission and is a FINRA/SIPC member firm. Events Calendar for: ... Tesla is a 'prime' candidate to see its stock plummet after it enters S&P 500, analyst says. Butterfly Network is registered under the ticker NYSE:BFLY . Butterfly Network's mission is to make ultrasound technology universally accessible and affordable through the sale of its iQ product and memberships. After a SPAC is created, it has 24 months to find a business target and complete the acquisition. No existing stockholders are selling any shares in the transaction. The period can be extended to 36 months through a shareholder vote. By accessing this site and any pages thereof, you agree to be bound by our Terms of Use.EquityZen and logo are trademarks of EquityZen Inc. Other trademarks are property of their respective owners.© 2020 EquityZen Inc. All rights reserved. Invest in Butterfly Network stock to help the 4.7 billion who lack access to medical imaging By Tom Taulli , InvestorPlace Writer & IPO Playbook Editor Aug 3, 2020, 5:01 am EST August 2, 2020 At last check Longview shares were trading up 21% at $11.89. Wednesday September 25 saw the U.K. launch of a device that has the potential to change the way ultrasound scans are performed. Check out why Butterfly Gandhi share price is up today. View Butterfly Network stock / share price, financials, funding rounds, investors and more at Craft. Investors must be able to afford the loss of their entire investment. Butterfly Network was founded in 2011, while its handheld portable ultrasound device, Butterfly iQ, launched commercially in 2018. The company was founded by Dr. Jonathan Rothberg. Use the PitchBook Platform to explore the full profile. Jonathan M. Rothberg, Nevada Sanchez, and Tyler S. Ralston founded it in 2011, with its headquarters in Guilford in Connecticut. According to the Corporate Financial Institute, a SPAC or blank check company is formed to raise investment capital through an IPO. On our trusted digital marketplace for private companies. While Longview Acquisition can pursue an acquisition in any sector, industry, or geography, it has a particular emphasis on the healthcare sector. Medical Devices. Longview Acquisition had its IPO in May 2020 with the purpose of entering a merger, capital stock exchange, asset acquisition, and other such business combination with one or more businesses. While commenting on Longview’s merger with Butterfly Network, he said, “Butterfly is the epitome of value-based care: better health, lower cost, and patient-centric.” At the closing, Longview is expected to own 7.6 percent of the combined company. Butterfly Network has raised $350 m in total funding. Company profile page for Butterfly Network Inc including stock price, company news, press releases, executives, board members, and contact information Butterfly Network will rely on software to run its system, drawing on databases of images to pinpoint the correct diagnosis. How can I buy a Butterfly iQ? Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. EquityZen.com is a website operated by EquityZen Inc. ("EquityZen"). Larry Robbins is the founder of Glenview and the chairman of Longview. Is Veru Stock a Good Buy at These Prices or Should Investors Wait? Butterfly Network has raised a total of $370 million in funding from investors including the Bill & Melinda Gates Foundation, Fosun Pharma and Fidelity. Butterfly Network valuation is $1.3 b,. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. If you're in a country where we are available, you can purchase a probe in the Butterfly Store.. How can I get a quote? In short, it's a SPAC or a blank check company. The combined company will trade on the NYSE under the ticker symbol "BFLY. Upcoming & Recent IPO's - IPOs Calendar - Yahoo Finance. The latest information on initial public offerings (IPOs), including latest IPOs, expected IPOs, recent filings, and IPO performance from Nasdaq. Butterfly Network designs the Butterfly iQ, a handheld single-probe whole-body ultrasound system that connects to a mobile phone or tablet. You can generate a quote yourself. Guilford-based health technology startup Butterfly Network Inc., maker of a portable, pocket-sized ultrasound device, is merging with hedge fund-backed Longview Acquisition Corp. and going public. Longview is focused on a private business that it can work with to create value for shareholders in public markets. He's known for his contributions to next-generation DNA sequencing. See insights on Butterfly Network including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Longview Acquisition is sponsored by an affiliate of Glenview Capital Management, which is a registered investment adviser. Rothberg even received the Presidential Medal of Technology & Innovation in 2016 for inventing a novel next-generation DNA sequencing method. EquityZen does not have an affiliation with, formal relationship with, or endorsement from Butterfly Network or any companies feature above. Get detailed Butterfly Gandhi stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. The transaction is expected to raise $589 million in gross proceeds and value the company at an enterprise value of $1.5 billion. A record number of companies have gone public through the SPAC route in 2020. Bill & Melinda Gates Foundation and Fosun Pharma are the most recent investors. Butterfly Network Inc will be taken public via a merger with a blank-check company backed by Larry Robbins' hedge fund Glenview Capital Management, valuing the digital health company at … The deal is expected to close by the end of the first quarter of 2021. Longview (LGVW) to Combine with Butterfly Network Nov 20, 2020 INTEL by Matt Cianci Longview Acquisition Corporation (NASDAQ:LGVW) announced this morning it has signed a definitive merger agreement with Butterfly Networks, the leading company in semiconductor-based point-of-care ultrasound (“POCUS”) devices and related imaging and workflow software. Butterfly iQ Now Approved by Health Canada, Butterfly rescinds features from handheld ultrasound device, working with FDA to re-enable, Butterfly Network Expands Ultrasound Access with New Offerings from Android and Affirm, Butterfly unveils device-agnostic, mobile-friendly ultrasound workflow platform. SPAC IPOs have been popular in 2020. Butterfly Network Inc will be taken public via a merger with a blank-check company backed by Larry Robbins' hedge fund Glenview Capital Management, valuing the digital health company at … … Butterfly Network. The company's mission is to “democratize healthcare by making medical imaging accessible to everyone around the world.”. He also owns a superyacht called Gene Machine, which is worth $40 million. The company is created solely to raise capital and merge with another company. Say hello to Butterfly Network, digital health’s newest unicorn The portable ultrasound company raised a $250 million Series D financing round led by … The markets are rallying in 2020 despite the coronavirus pandemic. That means one probe that can emulate any … Information on valuation, funding, cap tables, investors, and executives for Butterfly Network. ; Select the Butterfly iQ or Butterfly iQ Vet in the store. 4 weeks Butterfly Network SPAC Merger: 14 Things to Know About BFLY Stock InvestorPlace . This profile is based on publicly available information and is intended to be informative in nature. ", Butterfly Network is a digital health company that's working to enable universal access to superior medical imaging through a portable handheld ultrasound device, Butterfly iQ. - Butterfly Network's mission is to enable universal access to superior medical imaging, making high quality ultrasound affordable, easy-to-use, globally accessible and intelligently connected. Butterfly Network SPAC Merger: 14 Things to Know About BFLY Stock The deal will close in Q1 2021 By William White , InvestorPlace Writer Nov 20, 2020, 12:42 pm EST November 20, 2020 Butterfly, A $1.25 Billion Heathtech Company, Launches New Ultrasound Technology In The U.K. Q3 digital health funding soars to $3.3B across 93 deals, Say hello to Butterfly Network, digital health's newest unicorn, Butterfly Network Announces the World’s First Augmented Reality Telemedicine Technology. Butterfly Network was founded in 2011, while its handheld portable ultrasound device, Butterfly iQ, launched commercially in 2018. Protean Electric is a global automotive technology firm. Butterfly Network designs a medical imaging device that reduces the cost of real-time and three-dimensional imaging and treatment. butterfly - buy at current levels 183-180 for pullback butterfly made a recent high of around 212 and since then showing correction nifty also was down 100 pts today. AstraZeneca to Acquire Alexion for $39 Billion, Stock Down. In 2020, the company launched the Butterfly … Butterfly Network is funded by 6 investors. Butterfly Network has 276 employees across 5 locations and $350 m in total funding,. The product is available in more than 20 countries. Yahoo Finance. This site uses cookies for analytics, personalized content and ads. 2011 and is headquartered in Guilford, Connecticut at These Prices or Should investors Wait connects to mobile... 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