The Healthcare team advised the underwriters of Oscar Health, Inc.’s (NYSE: OSCR) initial public offering of 37,041,026 shares of Class A common stock at a price to the public of $39 per share. Of the offered shares, 36,391,946 shares are being offered by Oscar and 649,080 shares are being offered by certain of Oscar’s existing selling stockholders. The underwriters have a 30-day option to purchase up to an additional 5,556,153 shares of Class A common stock from Oscar at the initial public offering price, less underwriting discounts and commissions.
Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving its members.
The Goodwin team was led by Joe Theis and Paul Rosie and included Andrew Whitworth, Matt Rosencranz, Nicole Fontes, Roger Cohen, Delphine O’Rouke, Anne Brendel, Andrew Hess, Alexandra Denniston, Jeremy Slotnick, Janet Andolina, Claire Oxford, Joel Lehrer, Nathan Wenk, Lauren Schwarzenholzer, Jacqueline Klosek, Timothy Holahan, and Sophie Duffy.
For more details, read the press release.