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Also, health IT company UCrest from Malaysia has received its first patent for its AI-powered digital platform from Taiwan.
Stock exchange rules give Amwell six months to comply with its minimum price requirement of $1 per share or be delisted. Amwell last traded above $1 in March.
The prescription digital therapeutics company said the transaction generated approximately $175 million.
The company closed its first day roughly 36% above its initial pricing of $28.