Tiger Global-Backed Bright Health Raises $924 Million In Us Ipo

Tiger Global-Backed Bright Health Raises $924 Million In Us Ipo

[ad_1]

Mini

Bright Health Group, a health insurance startup backed by Tiger Global and Blackstone Group Inc, said on Wednesday it sold shares in its initial public offering (IPO) at a price lower than its target range to raise USD 924.3 million. Bright Health priced 51.3 million shares at USD 18 per share and had issued a targeted price range of USD 20 to 23. The IPO values the company at USD 11.23 billion.

[ad_2]

Source link

Share

Leave a Reply

Your email address will not be published.

Share This