Jws Shareholders Are Once Again Causing Problems

March 18, 2022 Post a Comment

MIAMI, May 10, 2021 /PRNewswire/ -- Jaws Acquisition Corp. (NYSE: JWS), a special purpose acquisition company ("Jaws"), appear today the effectiveness of its Registration Statement, in connexion with its previously announced merger with Cano Health, LLC ("Cano Health"), on Course S-4, with the United States Securities and Exchange Commission (the "SEC"). Jaws also announced a special meeting of its shareholders (the "Special Coming together") to corroborate the proposed merger agreement with Cano Health for June 2, 2021 at 9:00 a.m., Eastern Time, unless postponed or adjourned to a subsequently date or fourth dimension. Jaws will distribute the definitive proxy statement and proxy card to its stockholders of tape as of March 24, 2021, the record date for the Special Coming together.

"We are pleased to have reached another heady milestone in the journeying to complete the transaction with Cano Health and support the company's exciting next chapter of growth," said Barry Sternlicht, Co-Founder and Chairman of Jaws and Incoming Director of Cano Health. "This transaction positions Cano Health to capitalize on the large and growing opportunity being driven by the government's shift to value-based care likewise every bit demographic tailwinds in the market. I await frontward to seeing what'due south next for Cano Health, a company poised to create significant value for all stakeholders."

If canonical by Jaws' shareholders at the Special Meeting, the merger is expected to exist completed on June 3, 2021. Upon completion of the transaction, the combined company will operate every bit Cano Wellness, and will be listed on the New York Stock Exchange (NYSE) under the new ticker symbol "CANO."

A link to the definitive proxy statement is available on Jaws' website (https://www.jawsholdings.com/) and Cano Wellness's website (https://canohealth.com/) or can be accessed via the SEC website at www.sec.gov.

Near Jaws Acquisition Corp.

Jaws, led past Chairman Barry Southward. Sternlicht and Chief Executive Officer Joseph Fifty. Dowling, is a bare check company incorporated equally a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share buy, reorganization or similar business combination with one or more than businesses or entities.

Most Cano Wellness, LLC

Cano Health operates value-based primary care centers and supports affiliated medical practices that specialize in master care for seniors in Florida, Texas, Nevada, and Puerto Rico, with additional markets in development. As part of its intendance coordination strategy, Cano Health provides sophisticated, high-bear upon population wellness management tools including telehealth, prescription home delivery, health programs, transition of care, and high-risk and complex care management.

Cano Health's personalized patient intendance and proactive approach to wellness and preventive care sets information technology autonomously from competitors. Cano Health has consistently improved clinical outcomes while reducing costs, affording patients the opportunity to lead longer and healthier lives. Cano Health was recognized in August 2020 by Inc. Mag for the 2nd sequent year as 1 of the fastest-growing health care companies in the country, ranking 39th among all U.S. privately held companies every bit part of its annual 5000 ranking. For more information visit world wide web.canohealth.com.

Additional Information

Jaws has filed, and the SEC has declared effective, a registration statement on Class Southward-4 containing a definitive proxy statement/prospectus of Jaws relating to the proposed Business Combination. Jaws has commenced mailing of the definitive proxy statement/prospectus and other relevant documents to its shareholders. Investors, Jaws' shareholders and other interested persons are advised to read the definitive proxy argument/prospectus in connection with Jaws' solicitation of proxies for the Full general Coming together to be held to corroborate the Business Combination every bit these materials will contain important information about Cano Wellness and Jaws and the proposed Business Combination. The definitive proxy statement/prospectus has been mailed to the shareholders of Jaws every bit of the record date of March 24, 2021; shareholders that hold their shares in registered grade are entitled to vote their shares held on the engagement of the meeting. Shareholders are also able to obtain copies of the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, at the SEC's website at http://www.sec.gov, or by directing a asking to: Jaws Conquering Corp., 1601 Washington Artery, Suite 800, Miami Embankment, FL 33139.

Participants in the Solicitation

Jaws and its directors and executive officers may be deemed participants in the solicitation of proxies from Jaws' shareholders with respect to the Business Combination. A list of the names of those directors and executive officers and a description of their interests in Jaws is contained in the definitive proxy argument, , which was filed with the SEC and is available complimentary of charge at the SEC'southward website at world wide web.sec.gov, or by directing a request to Jaws Acquisition Corp., 1601 Washington Avenue, Suite 800, Miami Embankment, FL 33139.

Cano Health and its directors and executive officers may too be deemed to be participants in the solicitation of proxies from the shareholders of Jaws in connection with the Business concern Combination. A list of the names of such directors and executive officers and data regarding their interests in the Business Combination is included in the definitive proxy statement for the Business concern Combination.

No Offer of Solicitation

This advice is not a proxy argument or solicitation of a proxy, consent or dominance with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offering to purchase the securities of Jaws or Cano Wellness, nor shall there be whatever sale of any such securities in any state or jurisdictions in which such offering, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.

Frontwards-Looking Statements

Certain statements in this Current Study on Form eight-Grand may be considered forward-looking statements. Forward-looking statements by and large relate to time to come events or Jaws' or Cano Wellness'south future financial or operating functioning. For example, projections of future growth, financial functioning, and other metrics are forwards-looking statements. In some cases, you can place forward-looking statements by terminology such as "may," "should," "await," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such frontwards-looking statements are field of study to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such frontward looking statements.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Jaws and its management, and Cano Wellness and its direction, as the case may exist, are inherently uncertain. Factors that may cause actual results to differ materially from electric current expectations include, but are not limited to: (1) the occurrence of any upshot, alter or other circumstances that could give ascent to the termination of negotiations and any subsequent definitive agreements with respect to the Business Combination; (two) the event of whatever legal proceedings that may exist instituted confronting Jaws, the combined company or others following the annunciation of the Concern Combination and any definitive agreements with respect thereto; (3) the disability to consummate the Business Combination due to the failure to obtain approval of the shareholders of Jaws, to obtain financing to consummate the Business Combination or to satisfy other conditions to endmost; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a upshot of applicable laws or regulations or equally a condition to obtaining regulatory approval of the Business organisation Combination; (v) the power to meet stock exchange listing standards following the consummation of the Business concern Combination; (half-dozen) the hazard that the Business Combination disrupts current plans and operations of Cano Health as a issue of the declaration and consummation of the Business organization Combination; (7) the power to recognize the anticipated benefits of the Business Combination, which may be affected by, amongst other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and primal employees; (8) costs related to the Business Combination; (9) changes in applicable laws or regulations; (ten) the possibility that Cano Health or the combined company may be adversely affected by other economic, business organisation, and/or competitive factors; (11) Cano Health'southward estimates of expenses and profitability; and (12) other risks and uncertainties indicated from fourth dimension to time in the proxy statement relating to the Business organisation Combination, including those nether "Gamble Factors" in the Registration Statement, and in Jaws' other filings with the SEC.

Nothing in this Current Study on Class viii-G should exist regarded as a representation by any person that the forward-looking statements fix forth herein volition exist achieved or that whatsoever of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only equally of the date they are made. Neither Jaws nor Cano Health undertakes any duty to update these forward-looking statements.

SOURCE Jaws Conquering Corp.

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