Parsa s firm operates two key branches – an app, which allows people to hold appointments with a doctor over their mobile phone, and a range of digital self-care tools such as symptom checkers run by artificial intelligence and advice services which help customers manage health conditions.
The business, which charges for its services in countries where healthcare is not state-funded, has also partnered with the NHS to allow patients to see an NHS doctor for free via their phone.
Babylon serves 24m people across the world, and in 2020 helped one patient every five seconds.
Its merger with Alkuri will value Babylon at £3billion – and Parsa owns around a third of the business, valuing his stake at £1billion.
New brand name aims to better align technology SPAC with broader sponsor investment funds and strategy
Alkuri Global Acquisition Corp (NASDAQ:KIRIU)
Alkuri means ‘to run toward,’ which reflects our belief that high-growth startups and technology companies need faster, more flexible and efficient paths to fundraising and the public capital markets” Rich Williams, CEO AlkuriNASHVILLE, TENN, USA, March 5, 2021 /EINPresswire.com/ Ark Global Acquisition Corp. today announced that it has changed its name to Alkuri Global Acquisition Corp. and its ticker symbol from ‘ARKIU’ to ‘KURIU’ following customary regulatory approvals. The change is expected to take effect on March 8, 2021 when units will begin trading on NASDAQ under the new name Alkuri Global Acquisition Corp. and ticker symbol ‘KURIU’. Upon separation of units into shares and warrants, shares will trade under the ticker symbol ‘KURI’ and warrants will trade under the ticker symbol and ‘KURIW’.