Phreesia IPO

7/17/2019

IPO

$167,400,000

We intend to use approximately $18.1 million to pay a cash dividend to the holders of 22,871,507 shares of our Senior Convertible preferred stock, which is payable to such holders upon the conversion of all such shares into an aggregate of 10,408,818 shares of our common stock upon the closing of this offering. We also currently intend to use $17.7 million of the net proceeds from this offering to repay all of our revolving line of credit with Silicon Valley Bank, which has an outstanding balance of $17,675,556 as of July 8, 2019 ($15,175,556 as of April 30, 2019). We intend to use the remaining net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures.

Publicly-held

Healthcare Services

432 Park Ave. South 12th Floor
New York, NY 10016
USA

Phreesia's (NYSE: PHR) automated patient intake platform provides an individualized experience designed to engage patients in their care and give you the capacity to do more of what matters in your organization.