Alignment Healthcare prices secondary offering at $19.46 per share

Alignment Healthcare Inc. (NASDAQ: ALHC) announced the pricing of a secondary offering of 13,167,733 shares of common stock at $19.46 per share. The shares are being sold by an affiliate of General Atlantic L.P., with the company receiving no proceeds from the sale.

J.P. Morgan Securities LLC is serving as the underwriter for the offering, which is expected to close on March 4, 2026, subject to customary closing conditions.

The offering is being conducted under a shelf registration statement on Form S-3 that became effective upon filing with the Securities and Exchange Commission on March 2, 2026. The total value of the offering amounts to approximately $256 million based on the pricing disclosed.

Alignment Healthcare operates as a Medicare Advantage company based in California. The company provides coordinated care services to seniors through partnerships with local healthcare providers and uses proprietary technology called AVA.

The sale represents a divestiture by General Atlantic, a private equity firm that has been an investor in Alignment Healthcare. Secondary offerings typically allow existing shareholders to reduce their stake in publicly traded companies without the company issuing new shares.

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