Primerica to exit senior health unit e-TeleQuote via third-party subscription

Primerica, Inc.

On Aug 30, 2024, e-TeleQuote Insurance signed a subscription agreement to sell 18.9% of its common stock to a new investor.
Closing scheduled for Sept 30, 2024; immediately after, Primerica will permanently surrender all rights in ETQ without consideration.
Following closing, the new investor will wholly own ETQ, and Primerica will have no further obligations for the senior health business.
The share issuance was exempt from registration under Rule 506(c) of Regulation D as a private placement with an accredited investor.

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