Alignment Healthcare Announces Launch of Initial Public Featuring | Company & Finance
ORANGE, Calif.–(Small business WIRE)–Mar 18, 2021–
Alignment Health care, Inc. (“Alignment Healthcare” or the “Company”), a mission-dependent, tech-enabled Medicare Benefit business, currently introduced the start of its initial public offering of 27,200,000 shares of its typical stock, including 5,500,000 shares of widespread inventory to be made available by selected current stockholders. The first community presenting value is predicted to be involving $17.00 and $19.00 for each share. As component of the presenting, present stockholders expect to grant to the underwriters a 30-day solution to order up to an added 4,080,000 shares of frequent inventory at the preliminary general public offering cost, fewer underwriting bargains and commissions. Alignment Healthcare has applied to checklist its typical inventory on the Nasdaq International Pick out Market place underneath the symbol “ALHC.”
The Business intends to use the proceeds of the giving for doing the job capital and normal corporate functions, which include ongoing investments in the expansion of its small business, and strengthening its equilibrium sheet by probably repaying financial debt.
Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, BofA Securities and William Blair are acting as joint direct guide-jogging supervisors for the proposed offering. UBS Investment Financial institution, Piper Sandler and Raymond James are performing as joint ebook-operating managers for the proposed offering.
The proposed supplying of these securities will be designed only by indicates of a prospectus. Copies of the preliminary prospectus relating to the proposed offering may possibly be attained from: Goldman Sachs & Co. LLC, Prospectus Department, 200 West Avenue, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected] mail.gs.com Morgan Stanley & Co. LLC, Focus: Prospectus Division, 180 Varick Avenue, 2nd Floor, New York, NY 10014, by telephone: 1-866-718-1649 J.P. Morgan Securities LLC, c/o Broadridge Monetary Solutions, 1155 Extended Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by emailing at prospectus-eq—[email protected] BofA Securities, NC1-004-03-43, 200 North Higher education Avenue, 3rd ground, Charlotte, NC 28255-0001, Attn: Prospectus Section, E-mail: dg.prospectus—[email protected] or William Blair & Company, L.L.C., Attn: Prospectus Department, 150 North Riverside Plaza, Chicago, Illinois 60606, Telephone: (800) 621-0687, Electronic mail: [email protected].
A registration statement on Kind S-1 relating to these securities has been filed with the SEC but has not however grow to be powerful. These securities could not be offered nor may offers to invest in be recognized prior to the time the registration statement gets powerful. This press release shall not represent an provide to offer or the solicitation of an offer you to obtain these securities, nor shall there be any sale of these securities in any condition or jurisdiction in which this sort of offer you, solicitation or sale would be illegal prior to registration or qualification below the securities legislation of any these state or jurisdiction.
About Alignment Health care
Alignment Healthcare is a shopper-centric system providing custom made well being care in the United States to seniors and those people who have to have it most, the chronically sick and frail, via its Medicare Gain options. Alignment Health care provides associates and individuals with tailored care and service where by they want it and when they need to have it, which includes medical coordination, chance administration and engineering facilitation. Alignment Health care offers well being approach options through Alignment Well being Program, and also associates with choose health programs to support produce far better positive aspects at lower expenses.
mPR, Inc. for Alignment Health care
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Supply: Alignment Health care, Inc.
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PUB: 03/18/2021 06:30 AM/DISC: 03/18/2021 06:31 AM
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