Privia Health Group, Inc (PRVA) Announces 6M Share Secondary Offering

Privia Health Group, Inc. (Nasdaq: PRVA, or “Privia Health” or the “Company”), a technology-driven, national physician enablement company that collaborates with medical groups, health plans and health systems, today announced the commencement of an underwritten public offering of 6,000,000 shares of common stock by certain selling stockholders. Such selling stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares of the Company’s common stock.

The Company will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholders, and the selling stockholders will bear the costs associated with the sale of such shares, including underwriting discounts and commissions.

Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint lead book-running managers for the proposed offering of common stock and as representatives of the underwriters for the proposed offering. Credit Suisse, William Blair and Piper Sandler are also acting as active book-running managers. Canaccord Genuity, SVB Leerink and Truist Securities are also acting as book-running managers for the proposed offering.

The proposed offering of common stock will be made only by means of a prospectus. A copy of the preliminary prospectus may be obtained from (i) Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: [email protected]; or (ii) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, via telephone: 1-866-803-9204, or via email: [email protected].

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