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Babylon ( NYSE: BBLN ) is implementing a 1-for-25 reverse share split of its Class A ordinary shares in a bid to increase the per share trading price to regain compliance with NYSE's minimum share price requirement. The split will become effective on Dec 15, 2022 and the C...
Babylon (NYSE: BBLN) (“Babylon'') today announced that it is proceeding with a 1-for-25 reverse share split (the “Reverse Share Split") of its Class A ordinary shares, par value $0.0000422573245084686 per share (the “Class A Ordinary Shares”). The Reverse...
More than a third of U.S. adults who were polled will struggle or are struggling to pay for healthcare maintenance costs, emergency needs and private health insurance One in 10 Americans (10%) surveyed reveal that they would not be able to afford any out-of-pocket expenses i...
Population Services International (PSI) announced the launch of a new digital health service in Vietnam to help people in low-income communities make informed decisions about their health and efficiently navigate the healthcare system. Through a partnership with Babylon (NYSE: B...
On Tuesday, Babylon Holdings stock ( NYSE:BBLN ), the stock of the next-generation healthcare firm, was far from healthy. The company’s stock ( NYSE:BBLN ) fell more than 15% on the day, owing mostly to a dilutive fresh share offering. While this is nothing new,...
Next-generation healthcare company Babylon Holdings (NYSE: BBLN) was hardly the picture of health on Tuesday. The company's stock took a more than 15% tumble on the day, due largely to a dilutive new share issue. Before market open, Babylon updated investors about that issue, wh...
Babylon ( NYSE: BBLN ) shares fell 4% Tuesday morning after it received board authorization for maximum of $80M in total subscriptions for its previously announced PIPE financing The subscriptions collectively provide for Babylon's ( BBLN ) sale of 189,924,505 Clas...
Babylon (NYSE: BBLN) (“Babylon'' or the “Company”) today announced that it has received its Board of Directors’ authorized maximum of $80 million in total subscriptions (the “Subscriptions”) from institutional and other accredited investors ...
Babylon ( NYSE: BBLN ) has agreed to sell an aggregate of 145.89M of its Class A ordinary shares to certain institutional and other accredited investors in a private investment in public equity at a price of $0.42122/share. Babylon anticipates that the gross proceeds from ...
Babylon (NYSE: BBLN) (“Babylon'' or the “Company”) today announced that it has agreed to sell an aggregate of 145,885,760 (prior to rounding of fractional shares) of its Class A ordinary shares to certain institutional and other accredited investors (the “...
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Babylon (NYSE: BBLN) (the “Company”) today announced it will host a conference call to review its first quarter financial results on Wednesday, May 10, 2023, at 8:00 AM Eastern Time. A press release announcing the results will be issued prior to the conference call on Wednesday, May...
Chronic conditions include diabetes, hypertension, anxiety, depression, low back pain, and prenatal care Babylon’s technology will collect and analyze data to monitor patients in real-time Personalized care teams will tailor evidence-based programs for each member C...
Revenue grew 3.5x YoY, to $1.11 billion, exceeding guidance Cost of Care Delivery (COCD) Margin in the U.K. already profitable 1 , with U.S. Clinical services also expecting COCD profitability in early 2023 Key U.S. VBC contracts delivered profitable Medical Margins 2 in t...