February 4, 2020
SAN FRANCISCO — (GLOBE NEWSWIRE)– Life Healthcare, Inc. (One Medical) (Nasdaq: ONEM) today announced the closing of its initial public offering of 20,125,000 shares of common stock at a price of $14.00 per share, which includes the full exercise of the underwriters’ option to purchase 2,625,000 additional shares of common stock. Including the option exercise, the gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses payable by One Medical, were approximately $281.8 million. The shares began trading on The Nasdaq Global Select Market under the symbol “ONEM” on January 31, 2020.
J.P. Morgan and Morgan Stanley acted as the lead bookrunning managers for the offering. Allen & Company LLC, Citigroup, Piper Sandler, Wells Fargo Securities, and William Blair acted as bookrunning managers. Baird and SunTrust Robinson Humphrey acted as co-managers.