American Well Corporation has placed 41 222 222 shares of common stock in an IPO priced $18 per share, which is $2 above the upper limit of the initially announced range ($14-16). Besides, American Well has granted the underwriters a 30-day option to purchase up to 6 183 333 shares of common stock at the initial public offering price.
The trading debut will take place on the NYSE under the ticker symbol “AMWL”.