PRVA - Privia Health Group down 12% on pricing $689M secondary offering
2023-05-04 09:22:53 ET
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Privia Health Group ( NASDAQ: PRVA ) prices underwritten secondary offering of ~31.3M shares at a price of $22.00 per share.
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The company will not receive any of the proceeds from the sale of the shares and will bear the costs associated with the sale.
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Gross proceeds of $689M.
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The stock price slumped 12% on news.
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Privia Health Group down 12% on pricing $689M secondary offering