secwatch.observer — SEC 8-K summary
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Issuer:     GoHealth, Inc. (GOCO)
CIK:        0001808220
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001193125-22-250700
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 3.02, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoHealth receives $50M strategic investment from Anthem, issues 7% convertible preferred
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- Issued 50,000 shares of Series A Convertible Perpetual Preferred at $1,000/share for $50M total.
- Preferred stock carries 7% annual dividend, convertible to Class A common at $0.64/share initial conversion.
- Investment from Anthem Insurance Companies (significant customer) strengthens balance sheet and funds Encompass platform.
- Preferred stock ranks senior to common; redemption optional after 5 years at liquidation preference plus accrued dividends.
- Voting rights capped at 9.99% for lead purchaser; class vote on adverse amendments and senior debt issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808220/000119312522250700/0001193125-22-250700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808220/000119312522250700/d299834d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-250700

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