Site icon Market Globalist

Why The Stock of Jaws Acquisition (JWS) Has Risen 12% After-Hours?

DBGI Stock

DBGI Stock

Share of the blank check company Jaws Acquisition Corp. (NYSE: JWS) has risen 11.99% in extended trading on Thursday. The company saw its share rising to $14.20 after that surge that helped the stock to lessen the effect of the decline it has faced in regular sessions, falling -.65% to close at $12.68. The price increase came on the heels of SEC filing the company has made yesterday.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

What happened?

Discover Tomorrow's Stocks Today!

When it comes to discovering hidden gems within the stock market, Stock Wire News has consistently provided invaluable insights. Stock Wire News invites you to explore their upcoming Wealth Building Report. This report will shine a spotlight on little-known companies with the potential for substantial growth in 2024, and it's completely FREE for a limited time.

Claim the free report now by clicking here and start discovering the hidden gems of the market
Sponsored

To effect mergers, capital stock exchanges, asset purchases, stock purchases, reorganizations, or other types of business combinations, Jaws Acquisition incorporated as a special purpose acquisition company. It has a main focus on primary care medical service businesses. With Chairman Barry S. Sternlicht and Chief Executive Officer Joseph L. Dowling at the helm, Jaws Acquisition was incorporated as a Cayman Islands exempted Blank Check Company. Founded in 2019, the company has its headquarters in Miami Beach, Florida.

Read More

Yesterday, the company has filed Form 425 and Form 8-K with SEC. The filing was to submit an Analyst Day presentation being used in connection with the proposed business combination between Jaws Acquisition and Primary Care (ITC) Intermediate Holdings, LLC.

The Cano Health, LLC also yesterday announced that a peer-reviewed study published in The American Journal of Managed Care shows that COVID-19 mortality has been depressed by 60% through the Company’s population health management program, compared to a similar patient group in Florida.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Cano is a healthcare company that provides quality primary care delivery for seniors through value-based pricing while Jaws Acquisitions is in a definitive merger agreement with Cano that is likely to be completed in H2 2021.