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      "text": "Transaction to be funded through a combination of Jaws' $690 million of cash in trust and $800 million of committed PIPE financing\nNet proceeds used to pay down debt, fund cash to balance sheet for growth initiatives, cash consideration to selling shareholders and for general corporate purposes\nCurrent shareholders of Cano Health expected to maintain 65% pro forma ownership\nManagement to maintain 34% pro forma ownership, 90%+ equity rollover\nClosing expected early to mid Q2 2021",
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      "text": "Cano Health (\"Cano\"), a nationally-recognized and leading capitated care delivery platform, entered into a definitive agreement to merge with Jaws Acquisition Corp. (\"Jaws\") on November 11, 2020",
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