L2 Counsel Represents doc.ai in Sharecare Aquisition

By: Issuewire
Louis Lehot Lawyer

Legal team led by Louis Lehot and Natasha Allen

Palo Alto, California Jan 29, 2021 (Issuewire.com) - PALO ALTO, Calif. -- Jan. 29, 2021 - L2 Counsel represented doc.ai in the acquisition by Sharecare, the digital health company that helps people manage all their health in one place. A significant shareholder in doc.ai, Anthem, Inc. becomes a strategic investor in Sharecare as part of the transaction, with the health benefits company's senior vice president and chief digital officer, Rajeev Ronanki, joining Sharecare's board of directors.  

 

Through the doc.ai acquisition, Sharecare adds to its team more than 60 engineers with 11 PhDs who have developed technology and product offerings that enable clients to launch products faster and at lower costs. The digital health company is also making key executive leadership appointments, including naming doc.ai co-founders Sam De Brouwer and Walter De Brouwer as Sharecare's newly designated chief strategy officer and chief science officer and integrating other senior management into the company's leadership team.   

 

The acquisition is subject to customary and regulatory closing conditions, and closing is expected to occur in the first quarter of 2021. For more information about doc.ai, visit https://doc.ai/.  

 

L2 Counsel, P.C. is acting as legal advisor to doc.ai with regulatory support from Foley & Lardner LLP.

 

L2 COUNSEL MEDIA CONTACT

Elizabeth Lampert PR

Direct voice: +1.925.284.5647
Email: lampert@elizabethlampertpr.com

 

About L2Counsel

L2 Counsel P.C. is an elite boutique law firm based in Silicon Valley designed to serve entrepreneurs, innovative companies, and investors with sound legal strategies and solutions. 

 

About Louis Lehot

L2 Counsel, P.C. was founded by Louis Lehot, a corporate, securities, and M & A lawyer who helps clients, whether they be public or private companies, financial sponsors, venture capitalists, investors, or investment banks, in forming, financing, governing, buying, and selling companies. Louis is praised by clients, colleagues, and industry guides for his business acumen, legal expertise, and leadership in the global Silicon Valley.  

 

About doc.ai

Founded in 2016, doc.ai is a Silicon Valley-based company accelerating digital transformation in healthcare using edge computing and privacy-preserving infrastructure with the goal of unlocking the value of health data. The company licenses AI modules and creates products for a portfolio of clients, including payers, pharma, and providers. For more information, please visit https://doc.ai/ or follow @_doc_ai on Twitter.

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Source :L2 Counsel, P.C.

This article was originally published by IssueWire. Read the original article here.

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