Babylon receives $80 million in total subscriptions for private placement financing

Austin, texas & london--(business wire)--babylon (nyse: bbln) (“babylon'' or the “company”) today announced that it has received its board of directors' authorized maximum of $80 million in total subscriptions (the “subscriptions”) from institutional and other accredited investors for its previously announced private investment in public equity (the “pipe”) at a price of $0.42122 per class a ordinary share.
BBLN Ratings Summary
BBLN Quant Ranking