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Alkuri Global Acquisition Corp. Completes Business Combination with Babylon Holdings Ltd.

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Insight

Alkuri Global Acquisition Corp. Completes Business Combination with Babylon Holdings Ltd.

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October 22, 2021

Winston & Strawn LLP represented Alkuri Global Acquisition Corp. (NASDAQ: KURI, KURIU, and KURIW), a special purpose acquisition company, in connection with its business combination with Babylon Holdings Ltd., one of the world's fastest-growing digital healthcare companies. The transaction was approved on October 20, 2021, by Alkuri's stockholders and closed on October 21, 2021. Babylon's Class A ordinary shares and warrants began trading on the  "NYSE" on October 22, 2021, under the new ticker symbols "BBLN" and "BBLN.W," respectively. Babylon is becoming a public company in the wake of seeing rapid progress across all its business segments, making it one of the fastest-growing digital health companies entering the public markets this year.

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