Option Care Health (OPCH) Prices 11M Share Secondary Offering at $33.25/sh
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Option Care Health Announces Pricing of Secondary Offering of 11,000,000 Shares of Common Stock
August 16, 2022 9:15 PM EDTBANNOCKBURN, Ill., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (Option Care Health or the Company) (NASDAQ: OPCH) announced today that an affiliate of Walgreens Boots Alliance, Inc. (the Selling Stockholder) has agreed to sell 11,000,000 shares of the Companys common stock at a price to the public of $33.25 per share in an underwritten secondary offering. The offering is expected to close on August 18, 2022, subject to customary closing conditions. The Company will not receive any proceeds from the offering.
This sale of shares represents approximately 6.0% of the current shares outstanding.
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