Butterfly was founded by Dr. Jonathan Rothberg, a scientist and serial entrepreneur who received the Presidential Medal of Technology & Innovation in 2016 for inventing a novel next-generation DNA sequencing method. The proposed business combination is expected to be completed in the first quarter of 2021, with the combined company's Class A common stock trading on the NYSE under the ticker "BFLY". Through its proprietary Ultrasound-On-Chip™ technology, Butterfly Network is paving the way for earlier detection and remote management of health conditions around the world. Assuming no public stockholders of Longview exercise their redemption rights, ownership of the combined company immediately following the closing will be comprised of current Butterfly equity holders (63.5%) and convertible note holders (2.5%) which together will own approximately 66%, Longview stockholders (20%), Longview's sponsors (5%), and PIPE investors (9%). We are located in Outer Eastern Melbourne and have the largest range of BUTTERFLY equipment in Australia. "We are proud that our Butterfly investment will help accelerate efforts to provide the medical community with tools to diagnose more clearly and enable practitioners to be more effective, more efficient and more confident. Portable ultrasound for $2k + membership. Important Information About the Proposed Business Combination and Where to Find It. Here's how: Navigate to our online store. Using your Butterfly account credentials, securely log in to Butterfly Cloud and access your saved studies, collaborate with colleagues, or manage your account. Butterfly iQ is commercially available in more than 20 countries including the United States, Canada, greater Europe and Australia. Butterfly iQ+™ is a product manufactured by Butterfly Network, Inc. ", "The success of Butterfly is fueled by a clear mission, superior technology made simple, a passionate community of healthcare practitioners and an immensely talented team," noted Laurent Faracci, Chief Executive Officer of Butterfly. ; Select the Butterfly iQ or Butterfly iQ Vet in the store. Butterfly iQ is designed to address the limitations of currently-available cart-based and POCUS technologies. UBS Investment Bank and Cowen are acting as capital markets advisors to Longview, and originally underwrote the IPO of Longview in May 2020. Carefully read and understand all cautions, warnings and operational instructions prior to use. Longview Chair and Glenview CEO, Larry Robbins, will join the Board of the combined company. "Nine years ago, Butterfly was created to make high-quality ultrasound affordable, easy to use and globally accessible to all," said Dr. Jonathan Rothberg, founder of Butterfly "My pride in our team's innovation and my gratitude to our partners for their funding and support are only matched by my enthusiasm to realize Butterfly Network's enormous potential. ", "Since our May IPO, Longview reviewed more than 50 investment opportunities to find an exciting growth company at an attractive valuation where Glenview could add significant value, and Butterfly emerged as a truly unique partner" said John Rodin, CEO of Longview and Co-President of Glenview. How can I buy a Butterfly iQ? Call. For more information on the Butterfly membership, please visit the Membership page on our website. It has received CE Mark and is classified as a Class IIa portable ultrasound system. Connected to a mobile phone or tablet, it is powered by Butterfly's proprietary Ultrasound-on-Chip™ technology and harnesses the advantages of AI to deliver advanced imaging that they believe is easy to use, improves patient outcomes and lowers cost of care. J.P. Morgan Securities LLC is acting as financial advisor to Butterfly Network. What is the Butterfly membership? A butterfly network is a technique to link multiple computers into a high-speed network. Connected to a mobile phone or tablet, it is powered by Butterfly's proprietary Ultrasound-on-Chip™ technology and harnesses the advantages of AI to deliver advanced imaging that we believe is easy-to-use, improves patient outcomes and lowers cost of care. Butterfly Network, Inc.Mike Cavanaugh or Mark KlausnerWestwicke, an ICR Company(646) 677-1838[email protected], Longview Acquisition Corp.John Rodin[email protected], Butterfly Network, Inc.Sean LeousWestwicke, an ICR Company(646) 866-4012, Cision Distribution 888-776-0942 Butterfly's Ultrasound-on-Chip™ technology replaces the traditional transducer system with a single silicon chip. Factors that may cause such differences include, but are not limited to: the occurrence of any event, change, or other circumstances that could give rise to the termination of the BCA; the outcome of any legal proceedings that may be instituted against Longview and Butterfly following the announcement of the BCA and the transactions contemplated therein; the inability to complete the proposed business combination, including due to failure to obtain approval of the stockholders of Longview and Butterfly, certain regulatory approvals, or satisfy other conditions to closing in the BCA; the occurrence of any event, change, or other circumstance that could give rise to the termination of the BCA or could otherwise cause the transaction to fail to close; the impact of COVID-19 on Butterfly's business and/or the ability of the parties to complete the proposed business combination; the inability to obtain or maintain the listing of the combined company's shares of Class A common stock on the NYSE following the proposed business combination; the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition and the ability of Butterfly to grow and manage growth profitably and retain its key employees; costs related to the proposed business combination; changes in applicable laws or regulations; the ability of the combined company to raise financing in the future; the success, cost and timing of Butterfly's and the combined company's product development activities; the potential attributes and benefits of Butterfly's and the combined company's products and services; Butterfly's and the combined company's ability to obtain and maintain regulatory approval for their products, and any related restrictions and limitations of any approved product; Butterfly's and the combined company's ability to identify, in-license or acquire additional technology; Butterfly's and the combined company's ability to maintain Butterfly's existing license, manufacture, supply and distribution agreements; Butterfly's and the combined company's ability to compete with other companies currently marketing or engaged in the development of treatments for the indications that Butterfly is currently pursuing for its product candidates; the size and growth potential of the markets for Butterfly's and the combined company's products and services, and each of their ability to serve on those markets, either alone or in partnership with others; the pricing of Butterfly's and the combined company's products and services and reimbursement for medical produces conducted using their products and services; Butterfly's and the combined company's estimates regarding future expenses, future revenue, capital requirements and needs for additional financing; Butterfly's and the combined company's financial performance; and other risks and uncertainties indicated from time to time in the final prospectus of Longview for its initial public offering and the proxy statement/prospectus relating to the proposed business combination, including those under "Risk Factors" therein, and in Longview's other filings with the SEC. Learn the basic techniques of point-of-care ultrasound, how to use your Butterfly iQ+, and how to make the best interpretation from leading industry leaders. Butterfly Network's latest funding round in September 2018 was reported to be $250 m. In total, Butterfly Network has raised $350 m. Butterfly Network's latest valuation is reported to be $1.3 b. Butterfly's management team, led by Chief Executive Officer, Laurent Faracci, will continue to lead the combined company following the transaction and Dr. Rothberg will serve as Chairman of the combined company's Board. Australia has more than 400 species of butterfly, the majority of which are continental species, and more than a dozen endemic species from remote islands administered by various Australian territorial governments. On November 19, 2020, Longview entered into a definitive business combination agreement ("BCA") with Butterfly. Butterfly iQ is sold in Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, the United Kingdom, and the United States. The Network partners with … This form of multistage interconnection network topology can be used to connect different nodes in a multiprocessor system. In connection with the proposed business combination, Longview intends to file a Registration Statement on Form S-4, including a preliminary proxy statement/prospectus and a definitive proxy statement/prospectus with the SEC. GUILFORD, Conn. and NEW YORK, Nov. 20, 2020 /PRNewswire/ -- Butterfly Network, Inc. ("Butterfly" or the "Company"), an innovative digital health company that is working to enable universal access to superior medical imaging, and Longview Acquisition Corp. (NYSE: LGVW.U, LGVW, LGVW WS) ("Longview"), a special purpose acquisition company sponsored by Glenview Capital Management, LLC ("Glenview"), announced today that they have entered into a definitive business combination agreement. Longview and Butterfly caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Founded by Dr. Jonathan Rothberg in 2011 and led by CEO Laurent Faracci, Butterfly has created the world's first handheld, single-probe whole-body ultrasound system, Butterfly iQ, to make ultrasound technology more universally accessible and affordable. From lung and cardiac to bladder and Vascular Access, scan the whole-body with a single probe. Longview will also file the presentation with the SEC in a Current Report on Form 8-K, which will be accessible at www.sec.gov. Longview is sponsored by an affiliate of Glenview Capital Management, a registered investment adviser with a track record of creating value through constructive partnerships with companies operating in the public markets. We are reinventing the ultrasound machine by squeezing all of its components onto a single silicon chip. **75% off Pro membership valid for first year of Pro Individual with the purchase of a Butterfly iQ+. Call. Onsite ultrasound can help you detect cellulitis vs. abscess. Butterfly Australia - Table Tennis equipment - Table Tennis Tables, Bats, Balls, Ping Pong, Rubber Sheets, Tenergy, Clothing, Shoes and Accessories. - A webcast to present the proposed transaction is available on www.butterflynetwork.com/investors. Offer applies to new customers only. Larry Robbins, Chairman of Longview, will become a member of the combined company's Board. In-office ultrasound can help you facilitate immediate bedside investigation of dyspnea, abdominal pain, infection and assess fetal health. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the proxy statement/prospectus for the proposed business combination. The Butterfly iQ+ can be purchased online today by healthcare practitioners in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom. Butterfly iQ is commercially available in more than 20 countries including the United States, Canada, greater Europe and Australia. - Longview is an affiliate of leading healthcare investment firm Glenview Capital Management, which is expected to own, along with its affiliates, 7.6% of the combined company's outstanding shares at closing. Free resources to bring you up to speed in a matter of hours. Our onsite ultrasound can be utilized in a general practice setting, decreasing the need for patients to be transported to a hospital or imaging center. Previously introduced Point-of-Care Ultrasound ("POCUS") devices are limited by 60 year-old technology and significant costs that hinder wide-spread use. We are pleased to welcome Longview as well as the PIPE investors to the Butterfly family, and we appreciate the support of the public markets in funding our commercial and societal goals. The Butterfly iQ+ has been designed to support diagnostic imaging by qualified and trained healthcare professionals for visualization and measurement of anatomical structures and fluid in hospitals, clinics emergency point of care and other healthcare settings. Use the Butterfly iQ+ to accelerate earlier diagnosis and reassure patients with confidence. **75% off Pro membership valid for first year of Pro Individual with the purchase of a Butterfly iQ+. Offer applies to new customers only. Butterfly was founded by Dr. Jonathan Rothberg, a scientist and serial entrepreneur who received the Presidential Medal of Technology & Innovation in 2016 for inventing a novel next-generation DNA sequencing method. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to stockholders of Longview as of a record date to be established for voting on the proposed business combination. Visualize, analyze and verify patient scans faster. We will return your call within 1 business day. You can now calculate an ejection fraction of the heart in seconds, visualize your patient’s bladder in 3D, and auto-calculate the bladder volume with confidence without having to roll in a separate bladder-scanner. Historically, the global ultrasound market has been dominated by traditional cart-based devices that are accessible only to highly specialized technicians and are located predominantly in hospitals, imaging centers, and physicians' offices. Longview's and Butterfly's actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Buy today! Upon closing, the combined company's Class A common stock is expected to be traded on the New York Stock Exchange ("NYSE") under the symbol "BFLY.". Scan quickly using 20 presets, 4 modes and advanced tools, Learn the basics of ultrasound with free tutorials, Make faster, more confident decisions using our AI tools. Longview and its directors and executive officers may be deemed participants in the solicitation of proxies from Longview's stockholders with respect to the business combination. Butterfly's Ultrasound-on-Chip™ technology replaces the traditional transducer system with a single silicon chip, leveraging the same silicon manufacturing as consumer devices. The Company has sold to or has agreements in place with the majority of the largest 100 hospitals in the United States, and has built a strong brand among healthcare professionals, achieving an exceptional Net Promoter Score of 71 (USA). We make it faster, easier, and more affordable for you to provide care with the world’s first single-probe, whole-body portable ultrasound system—starting at $2,999. Learn more about us and how we are on a mission to democratize healthcare by making medical imaging accessible to everyone. The transaction, which has been unanimously approved by the Boards of Directors of Butterfly and Longview, is subject to approval by Longview's stockholders and other customary closing conditions. The Richmond Birdwing Conservation Network (RBCN) is an affiliation of individuals, groups and organisations dedicated to the conservation of the Richmond birdwing butterfly (Ornithoptera richmondia) and its host plants, the Richmond birdwing vine (Pararistolochia praevenosa) and mountain aristolochia (P. laheyana). Longview and Butterfly do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Longview and Butterfly caution that the foregoing list of factors is not exclusive. *Lifetime Pro membership applies to iQ+ only and cannot be transferred to other devices. - Butterfly Network's mission is to enable universal access to superior medical imaging, making high quality ultrasound affordable, easy-to-use, globally accessible and intelligently connected. This can allow for immediate intervention or specialist referral. At Butterfly Network we are building a device that will make medical imaging accessible to everyone in the world. If you're in a country where we are available, you can purchase a probe in the Butterfly Store.. How can I get a quote? Longview will file a registration statement (which will contain a joint proxy statement/prospectus) with the SEC in connection with the transaction. Butterfly Network was founded by Jonathan Rothberg, a serial biotechnology entrepreneur who has previously led two companies, resulting in President Obama … Butterfly iQ+ can assist in aging, staging, and bedside pregnancy assessment in the clinic with our calculations for AFI and fetal biometry. - Butterfly Network's mission is to enable universal access to superior medical imaging, making high quality ultrasound affordable, easy-to-use, globally accessible and intelligently connected. That means one probe that can emulate any … Looking for a portable ultrasound machine? Ropes & Gray LLP is acting as legal advisor to Longview. *A $2,098 purchase might cost $68/mo over 36 months at 0% APR. Most of these factors are outside Longview's and Butterfly's control and are difficult to predict. Butterfly Network told the FDA that it alerted its users of the rescinded features on February 24 via email, and has removed references to the tools from its outward marketing platforms. Butterfly iQ is commercially available in more than 20 countries including the United States, Canada, greater Europe and Australia. - Founder Dr. Jonathan Rothberg to become Chairman of the combined company and will be Butterfly's largest controlling shareholder. is acting as legal advisor to Butterfly Network. - This transaction is expected to drive further adoption of Butterfly Network's breakthrough solutions and accelerate its future pipeline of innovative technologies. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Butterfly was founded by … "We believe the combination with such a premier healthcare partner as Longview Acquisition Corp. will amplify and accelerate the adoption of Butterfly iQ around the world. Get immediate diagnostic feedback and parental reassurance when using your iQ+. - 100% of the equity of existing Butterfly Network investors, including Baillie Gifford, The Bill and Melinda Gates Foundation and Fosun Industrial Co., Limited, will convert into shares of the combined company. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. - Butterfly iQ is the only ultrasound transducer that can perform "whole-body imaging" with a single handheld probe using semiconductor technology. Butterfly Network's mission is to enable universal access to superior medical imaging, making high quality ultrasound affordable, easy-to-use, globally accessible and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. 1-855-296-6188 Longview was formed to partner with high-quality, growing companies to facilitate their successful entry to the public markets. At Butterfly we have partnered with some of Australia's best POCUS educators. Lung image visualizing B-lines in a patient with confirmed COVID-19, 3D reconstructed image of an auto-acquired bladder volume, This site is intended for healthcare professionals only. Aaa confidently in your pocket by leveraging advances in semiconductors, deep learning and cloud computing file a statement... 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