Option Care Health (OPCH) Announces Secondary Offering of 9.2M Shares of Common Stock
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Option Care Health Announces Secondary Offering of 9,200,000 Shares of Common Stock
September 7, 2021 4:58 PM EDTBANNOCKBURN, Ill., Sept. 07, 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 9,200,000 shares of the Companys common stock in an underwritten public offering. The Company will not receive any proceeds from the offering.
This sale of shares represents approximately 5.1% of the current shares outstanding. Upon completion of this offering, the Selling Stockholders interest in the Company will be reduced to 21.1% of the outstanding shares, from the current 26.2%.
Consistent with the August... More
