Trust Size
$270M
Peak Price
$100.50
Current Price
$0.05
Return
-100.0%
Price Journey
What Happened
UpHealth was a digital health company providing telemedicine, remote patient monitoring, and behavioral health services. The company went public via SPAC merger with GigCapital2 in 2021. UpHealth was delisted from NYSE in December 2023.
GigCapital2 merged with UpHealth in June 2021. The digital health company struggled with integration of acquired businesses, mounting losses, and failed to meet NYSE listing requirements. UpHealth was delisted in December 2023 and now trades on OTC markets under UPHL at near-zero prices. While not formally bankrupt, the company faces severe going-concern risks.
Timeline
2019-05-31
S-1 Registration Filed
2024-01-24
Merger Proxy Filed (DEFM14A)
🔀 Reverse Stock Split
Reverse split ratio: . Reverse splits are used to avoid delisting but destroy shareholder value through the illusion of a higher stock price.
⚖️ Legal Actions
• Class action lawsuit filed by shareholders
SEC Filing Details
CIK Number
1770141
Total SEC Filings
481
State of Incorporation
DE
Last Filing Date
2025-11-14
Business Location
Palo Alto, CA
Trust/Asset Size
$270M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for UpHealth