IPO for Privia Health Group (PRVA) Opens 30% Higher

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Privia Health Announces Pricing of Initial Public Offering

April 29, 2021 6:30 AM EDT

ARLINGTON, Va.--(BUSINESS WIRE)-- Privia Health Group, Inc. (Privia Health), a technology- driven, national physician enablement company that collaborates with medical groups, health plans and health systems, announced the pricing of its initial public offering of 19,500,000 shares of its common stock at a public offering price of $23.00 per share. The offering consists of 2,800,000 shares of common stock offered by Privia Health and 16,700,000 shares of common stock sold by Privia Healths majority stockholder.

The gross proceeds of the offering to Privia Health, before deducting underwriting discounts and commissions and other expenses payable by Privia Health, are expected... More