Alignment Healthcare Inc. (ALHC) Prices 8M Share Secondary Offering at $21/sh
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Go back to Alignment Healthcare Inc. (ALHC) Prices 8M Share Secondary Offering at $21/sh
November 18, 2021 8:15 PM EST
ORANGE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (Alignment Healthcare or the Company), a mission-based, tech-enabled Medicare Advantage company, today announced the pricing of its previously announced underwritten public offering of 8,000,000 shares of its common stock by certain selling stockholders at $21.00 per share. Such selling stockholders have granted to the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less underwriting discounts and commissions.  The Company will not receive any of the proceeds from the sale of the shares of its common stock by the selling stockholders, and the selling... More
