Accolade, Inc. (Nasdaq: ACCD), the company reinventing healthcare by helping people live their healthiest lives, announced Wednesday it has completed the acquisition of PlushCare, a leading provider of virtual primary care and mental health treatment. Pursuant to the merger agreement previously announced on April 23, 2021, the transaction is valued at up to $450 million, consisting of $40 million in cash, $340 million in Accolade common stock (equal to approximately 7.5 million common shares), and up to an additional $70 million of value (equal to approximately 1.5 million common shares) payable upon the achievement of defined revenue milestones.
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Source: https://www.globenewswire.com/news-release/2021/06/09/2244772/0/en/Accolade-Completes-Acquisition-of-PlushCare.html