The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · out

the Alma acquisition is the dominant 2025-2026 capital-out event (see deployed, above) — value unconfirmed (single low-confidence $1.5B mention, terms otherwise undisclosed). No other major disclosed outflow found.

med confidence · as of 2026-07-28 · about Spring Health

Sourced figures 1


the working

Threads 1

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Spring Health.