Alignment Healthcare Announces Pricing of Secondary Offering

ORANGE, Calif., Sept. 16, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) (“Alignment Healthcare” or the “Company”), a tech-enabled Medicare Advantage company, today announced the pricing of its previously announced underwritten public offering of 9,000,000 shares of its common stock by certain selling stockholders. The underwriter sold the shares at a public offering price of $14.75 per share. The Company will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholders. The offering is expected to close on September 20, 2022, subject to customary closing conditions.

Read more at globenewswire.com