GE HealthCare (GEHC) Commences 10M Share Secondary Offering

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GE HealthCare Technologies Inc. Commences Secondary Offering of 10,000,000 Shares

September 12, 2024 5:02 PM EDT

CHICAGO--(BUSINESS WIRE)-- GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the Company or GE HealthCare) announced today the launch of a secondary underwritten public offering (the Offering) of 10,000,000 shares of its common stock (the GEHC Shares). GE HealthCare is not selling any shares of common stock and will not receive any proceeds from the sale of the GEHC Shares in the Offering or from the debt-for-equity exchange (as described below).

Prior to the closing of the Offering, GE Aerospace (General Electric Company) is expected to exchange the GEHC Shares for indebtedness of GE Aerospace held... More