Davis Polk advised MDLIVE Inc. in connection with its private placement of approximately $50 million in shares of its Series F preferred stock.
MDLIVE offers virtual healthcare services to more than 45 million members nationwide by fulfilling the vision of the four Cs: Care, Convenience, Cost and Contagion-free care. MDLIVE’s network of board-certified physicians, dermatologists, psychiatrists and therapists are specially trained in virtual care and are committed to the highest quality treatment and the best possible patient experience. MDLIVE leverages disruptive technology and artificial intelligence to simplify and streamline, connecting providers and patients whenever and wherever it’s most convenient, often within just minutes.
The Davis Polk capital markets team included partner Richard D. Truesdell Jr. and associate Ariel Rivera. Partner Veronica M. Wissel provided executive compensation advice. All members of the Davis Polk team are based in the New York office.