other material
confidence high
sentiment neutral
materiality 0.90
agilon health selling stockholders to sell 86.9M shares; company to repurchase 9.6M shares
agilon health, inc.
- Selling stockholders including CD&R Vector Holdings sell 86,884,353 shares of common stock.
- Underwriters exercised in full 30-day option to purchase an additional 7,726,955 shares.
- Company to purchase 9,614,806 shares from underwriters at same per share price.
- Offering priced on May 15, 2023; proceeds go to selling stockholders, not agilon.
- Deal represents a significant secondary offering, likely impacting float and ownership structure.