---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-019479"
form_type: "8-K"
ticker: "BTSG"
cik: "0001865782"
company_name: "BrightSpring Health Services, Inc."
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:16:08.499409+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# BrightSpring Health Services (BTSG) IPO: 53.3M shares at $13, 8M Units at $50, net $1.05B

## Summary
- Net proceeds of $1,046.4M from IPO of 53,333,334 shares at $13.00 and 8,000,000 Units at $50.00.
- Monitoring agreement with KKR and Walgreens Boots Alliance terminated; $22.7M termination fees payable.
- Board elected Olivia Kirtley as new director and Audit Committee chair effective after IPO pricing.
- Adopted 2024 Equity Incentive Plan; awarded RSUs and options to named executive officers (CEO Rousseau received 967,884 RSUs and 320,086 Options).
- Charter amended to authorize 1.5B shares of common stock and 250M shares of preferred stock.

## SEC filing metadata
- accession: 0001193125-24-019479
- form_type: 8-K
- ticker: BTSG
- cik: 0001865782
- company_name: BrightSpring Health Services, Inc.
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 3.03, 5.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865782/000119312524019479/0001193125-24-019479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865782/000119312524019479/d925158d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-019479
- JSON: https://secwatch.observer/filing/0001193125-24-019479.json
- Plain text: https://secwatch.observer/filing/0001193125-24-019479.txt

## Key facts
- Executive change
  Olivia Kirtley was elected as Director at BrightSpring Health Services, Inc..
  - Action: elected
  - Role: Director
  source text: On January 25, 2024, effective immediately following the pricing of the Common Stock Offering, Olivia Kirtley was elected to serve as a new member of the Company’s Board, as the chair of the Audit Committee, and as a member of the Quality & Compliance and Governance Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865782/000119312524019479/0001193125-24-019479-index.htm
- Governance Changes
  BrightSpring Health Services, Inc.: Amended and Restated Bylaws became effective concurrently with the Charter (effective 2024-01-30).
  - Change: bylaw amendment
  - Effective: 2024-01-30
  source text: on January 30, 2024, the Company’s Second Amended and Restated Certificate of Incorporation (the “ Charter ”), in the form previously filed as Exhibit 3.1 to the Registration Statement, and the Company’s Amended and Restated Bylaws (the “ Bylaws ”), in the form previously filed as Exhibit 3.2 to the Registration Statement, became effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865782/000119312524019479/0001193125-24-019479-index.htm
- Governance Changes
  BrightSpring Health Services, Inc.: Second Amended and Restated Certificate of Incorporation became effective, setting authorized capital stock at 1.5B common and 250M preferred shares (effective 2024-01-30).
  - Change: charter amendment
  - Effective: 2024-01-30
  source text: on January 30, 2024, the Company’s Second Amended and Restated Certificate of Incorporation (the “ Charter ”), in the form previously filed as Exhibit 3.1 to the Registration Statement, and the Company’s Amended and Restated Bylaws (the “ Bylaws ”), in the form previously filed as Exhibit 3.2 to the Registration Statement, became effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865782/000119312524019479/0001193125-24-019479-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.