secwatch.observer — SEC 8-K summary
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Issuer:     Option Care Health, Inc. (OPCH)
CIK:        0001014739
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001104659-23-028416
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Option Care Health repurchases $75M shares from HC Group Holdings, underwrites 13M share offering
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- Repurchased 2,475,166 shares from HC Group Holdings I, LLC for $75M at $30.301 per share.
- Entered underwriting agreement with Goldman Sachs for secondary offering of 13M shares at $30.75 per share.
- Selling stockholder HC Group Holdings sold shares; company received no proceeds from the offering.
- Lock-up agreements prohibit sale of company securities for 30 days for executives and selling stockholder.
- Repurchase funded with cash on hand; repurchased shares will be held in treasury.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014739/000110465923028416/0001104659-23-028416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014739/000110465923028416/tm238329d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-028416

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