Phreesia Inc. (PHR) Announces 6M Share Secondary Offering of Common Stock
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Phreesia Announces Secondary Offering
December 10, 2019 4:49 PM ESTNEW YORK--(BUSINESS WIRE)-- Phreesia, Inc. (Phreesia) (NYSE: PHR), a leading patient intake management platform, announced today the launch of an underwritten secondary public offering of a total of 6,000,000 shares of its common stock (the Secondary Offering), to be offered by certain of Phreesias existing stockholders (the Selling Stockholders). In addition, the Selling Stockholders expect to grant to the underwriters an option for 30 days to purchase up to 900,000 additional shares of common stock to cover overallotments, if any, at the public offering price, less the underwriting discount. Phreesia will not receive any proceeds from the... More
