Option Care Health (OPCH) Announces Secondary Offering of 15M Shares of Common Stock

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Go back to Option Care Health (OPCH) Announces Secondary Offering of 15M Shares of Common Stock

Option Care Health Announces Secondary Offering of 15,000,000 Shares of Common Stock

August 3, 2021 4:38 PM EDT

BANNOCKBURN, Ill., Aug. 03, 2021 (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 15,000,000 shares of the Companys common stock in an underwritten public offering. The Selling Stockholder has also granted the underwriter a 30-day option to purchase up to 2,250,000 additional shares of common stock. The Company will not receive any proceeds from the offering.

This sale of shares represents approximately 8.3% of the current shares outstanding (or9.6% assuming full exercise of the underwriters... More