Tech Company Inital Public Offerings
GoHealth IPO
GoHealth was acquired by . The company's stock were listed on 7/14/2020.
Transaction Overview
Company Name
Announced On
7/14/2020
Transaction Type
IPO
Amount
$913,500,000
Proceeds Purpose
We intend to use the net proceeds from this offering to (i) purchase 35,316,264 newly-issued LLC Interests (or 40,298,731 LLC Interests if the underwriters exercise in full their option to purchase additional shares of Class A common stock) directly from GoHealth Holdings, LLC at a price per unit equal to the initial public offering price per share of Class A common stock in this offering less the underwriting discount and estimated offering expenses payable by us and [ii] pay $75.5 million in cash to the Blocker Shareholders as partial consideration in the Blocker Merger.GoHealth Holdings, LLC intends to use the net proceeds from the sale of LLC Interests to GoHealth, Inc. [i] to pay $399.2 million in cash to partially redeem certain of the LLC Interests held directly or indirectly by the Continuing Equity Owners, [ii] to satisfy in full $100.0 million in aggregate face amount of an existing equity instrument in connection with the Transactions (see footnote (4) to the section titled
Company Information
Company Status
Publicly-held
Industry
InsureTech
Mailing Address
214 West Huron St.
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Website
Email Address
Overview
GoHealth (Nasdaq: GOCO). Free health insurance quotes online or with an agent. Find the health plan that's right for you and buy health insurance in minutes. GoHealthInsurance.com
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Clint Jones
President
Brandon Cruz
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