Option Care Health (OPCH) Prices 10M Share Secondary Offering at $15/Sh

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Option Care Health Announces Pricing of Secondary Offering of 10,000,000 Shares of Common Stock

December 10, 2020 8:40 PM EST

BANNOCKBURN, Ill., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (Option Care Health or the Company) (NASDAQ: OPCH) announced today that an affiliate of Madison Dearborn Partners (the Selling Stockholder) has agreed to sell 10,000,000 shares of the Companys common stock at a price to the public of $15.00 per share in an underwritten public offering. The Selling Stockholder has also granted the underwriter a 30-day option to purchase up to 1,500,000 additional shares of common stock. The offering is expected to close on December 14, 2020, subject to customary closing conditions. The Company will not receive any proceeds from the... More