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home / news releases / ALIT - Alight announces 20M secondary stock offering expands partner network

ALIT - Alight announces 20M secondary stock offering expands partner network

Alight Inc Cl A
  • Alight ( NYSE: ALIT ) on Monday has started off the secondary stock offering of up to 20M shares.
  • It includes the sales by certain funds affiliated with Blackstone, Jasmine Ventures, New Mountain Capital, Platinum Falcon and Bilcar.
  • Underwriters have been granted an overallotment option to purchase up to 3M additional shares.
  • In a separate press release , Alight has announced the addition of Hinge Health and Quit Genius to its partner network.
  • The company said "this new partnership bring musculoskeletal care and tobacco cessation solutions to the Alight Worklife platform, expanding the breadth and depth of personalized content, solutions and delivery capabilities available to employees through the platform."
  • ALIT shares are down 5% in pre-market on Monday.

For further details see:

Alight announces 20M secondary stock offering, expands partner network
Stock Information
Company Name: Alight Inc Cl A
Stock Symbol: ALIT
Market: NYSE
Website: alight.com
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