Alignment Healthcare Inc. (ALHC) Launches 8M Share Secondary Offering
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Alignment Healthcare Announces Launch of Secondary Offering
November 16, 2021 4:15 PM UTCORANGE, Calif., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (Alignment Healthcare or the Company), a mission-based, tech-enabled Medicare Advantage company, today announced the launch of an underwritten public offering of 8,000,000 shares of its common stock by certain selling stockholders. Such selling stockholders also intend to grant 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 being offered by the selling stockholders, and the... More
