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Corporate

Alkuri Global Acquisition Corp. Stockholders Approve Business Combination with Babylon Holdings Ltd.

NASHVILLE, TN, USA, October 20, 2021 /EINPresswire.com/ -- Alkuri Global Acquisition Corp. (NASDAQ: KURI) (the “Company” or “Alkuri”), a publicly-traded special purpose acquisition company, announced today the results of its special meeting of stockholders, which was held on October 20, 2021.

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Corporate

Babylon accelerates momentum, more than doubling its signed value-based care lives in the second half of this year so far

PALO ALTO, Calif., Oct. 18, 2021 /PRNewswire/ -- Babylon today outlined its ongoing momentum, announcing a further c.135k lives will have access to its value-based care offering across the US and UK through its expansion to additional US states, Georgia and Mississippi, and further growth across California. This means that through a combination of its value-based care model, Babylon 360 and its work in primary care, Babylon will be managing c. 350k lives globally, including 105k NHS GP at Hand lives, by the start of 2022. Babylon reiterated 2021 and 2022 revenue guidance on September 15, 2021.

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Corporate

Babylon announces new collaboration with Microsoft to drive healthcare innovation and improve health access and affordability around the world

REDMOND, Wash. & PALO ALTO, CA, Oct. 18, 2021 /PRNewswire/ -- Babylon, a world leading digital-first, value-based care company today announced a collaboration to explore opportunities to improve the accessibility, affordability and quality of healthcare for people across the world by using their combined AI, Machine Learning and Cloud technologies.

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Corporate

Alkuri Reminds Stockholders to Vote in Favor of Business Combination With Babylon

NASHVILLE, TN & LONDON, UK -- Alkuri Global Acquisition Corp. (NASDAQ: KURI, KURIU and KURIW) (“Alkuri”), a special purpose acquisition company, reminds its stockholders to vote in favor of the approval of Alkuri’s proposed business combination with Babylon Holdings Ltd (“Babylon”), a world leader in digital-first healthcare, and the related proposals to be voted upon at Alkuri’s special meeting of stockholders to be held virtually on October 20, 2021 at 9:00 AM, Eastern Time at https://www.cstproxy.com/alkuriglobal/2021.

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Corporate

Babylon Secures New $200m Sustainability-Linked Investment to Fuel Rapid Growth Plan

PALO ALTO, CA & LONDON, UK – Babylon Holdings Limited (“Babylon”), one of the world’s fastest-growing digital healthcare companies, today announced that it has secured a sustainability-linked investment of up to $200 million from Albacore Capital Group (“AlbaCore”), a strategic capital investment firm. Together with already committed PIPE capital of $230 million from institutional and strategic investors, Babylon will now have access to as much as $775 million of capital following the merger with Alkuri Global Acquisition Corp.(“Alkuri”), a publicly traded special purpose acquisition company, assuming no redemptions, with up to $430million of capital guaranteed to continue fueling Babylon’s sustained growth.

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Corporate

Alkuri Nominee David Warren to Join Babylon Health Board of Directors

NASHVILLE, TN, USA, October 6, 2021 /EINPresswire.com/ -- Alkuri Global (NASDAQ: KURI) today announced that United States stock exchange veteran David Warren will join the Babylon Health Board of Directors and serve as Chair of the Audit Committee when the company becomes publicly listed later this year. Warren is Alkuri’s nominee as part of the two companies’ planned merger later this month.

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Corporate

Alkuri Global Acquisition Corp. Announces Filing of Definitive Proxy Statement and October 20, 2021 Stockholder Meeting to Vote on Business Combination with Babylon

NASHVILLE, TN & LONDON, UK -- Alkuri Global Acquisition Corp. (NASDAQ: KURI, KURIU and KURIW) (“Alkuri”), a special purpose acquisition company, has filed its definitive proxy statement/prospectus with the Securities and Exchange Commission (the “SEC”) and established September 30, 2021, as the record date in connection with the previously announced proposed business combination with Babylon Holdings Ltd (“Babylon”), a world leader in digital-first healthcare.

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Corporate

Babylon Appoints Stock Exchange Veteran as New Board Member Ahead of Public Listing

PALO ALTO, Calif. and LONDON, Sept. 28, 2021 /PRNewswire/ -- Babylon today announced the appointment of US exchange veteran David Warren, who will join Babylon's board and serve as Chair of the Audit Committee when the company becomes publicly listed later this year.

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Corporate

Babylon Delivers Exceptional H1 2021 Operational and Financial Results and Reaffirms Growth Guidance

PALO ALTO, Calif. and LONDON, Sept. 15, 2021 /PRNewswire/ -- Babylon Holdings Limited ("Babylon"), a world leading company reengineering how people engage with their health at every step of the care continuum, today announced its financial and operating results for the six months ended June 30, 2021.

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Peer-reviewed research finds Babylon’s digital-first model of primary care is associated with significantly lower NHS hospital care costs

LONDON , UK — [ 22 JULY] 2021 - Researchers at Babylon, a leading digital-first value-based healthcare company, have found that members of Babylon’s highly accessible, 24/7 primary care model incurred between 15-35% lower acute hospital costs than the regional average.

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Babylon Eclipses 100,000 U.S. Value-Based Care Members

PALO ALTO -- Babylon today announced it now serves more than 100,000 members in the United States through its Babylon 360 digital-first, value-based care platform. The company has seen rapid adoption of Babylon 360 by major health plans across the country since its introduction in 2020. Significantly, Babylon 360 has grown by 600% in the first seven months of 2021, compared to the entirety of 2020.

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Royal Wolverhampton NHS Trust (RWT) and Babylon bring digital-first, value-based healthcare to over 55,000 people across Wolverhampton

LONDON and WOLVERHAMPTON, UK - Royal Wolverhampton NHS Trust (RWT) and Babylon today announced they have extended their partnership to bring Babylon’s value-based care service – Babylon 360 – to c.55,000 people across Wolverhampton. This collaboration builds on the existing partnership between RWT and Babylon, with the aim of introducing an integrated and accessible digital-first healthcare experience for Wolverhampton residents.

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Corporate

Babylon gives millions more Rwandans access to digital-first healthcare in next step towards digitising Rwanda's healthcare system

London, UK and Palo Alto, US - - Babylon, in collaboration with Rwanda’s National ID Agency (NIDA), have taken another step towards creating one of Africa’s most advanced digital-first primary care services. By removing a major barrier to healthcare access for Rwandans they have seen a considerable increase in both registrations and appointments, especially among women.

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Corporate

Babylon, a world leading digital-first, value-based care company, announces plans to become a public company via $4.2 Billion merger with Alkuri Global Acquisition Corp.

Babylon Holdings Limited (“Babylon”), a world leading, digital-first value-based care company, and Alkuri Global Acquisition Corp. (NASDAQ:KURI) (“Alkuri Global”), a special purpose acquisition company, today announced that they have entered into a definitive merger agreement.

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Corporate

Ark Global Announces New Brand Name and Ticker Change to Alkuri Global Acquisition Corp (NASDAQ: KURIU, KURIW)

Ark Global Acquisition Corp. today announced that it has changed its name to Alkuri Global Acquisition Corp. and its ticker symbol from ‘ARKIU’ to ‘KURIU’ following customary regulatory approvals.

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IPO

Ark Global Acquisition Corp. Announces Pricing of Upsized $300,000,000 Initial Public Offering

NASHVILLE, TN, USA, February 5, 2021 /EINPresswire.com/ -- Ark Global Acquisition Corp. (NASDAQ:ARKIU) (the “Company”) today announced the pricing of its initial public offering (“IPO”) of 30,000,000 units at a price to the public of $10.00 per unit.

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