Oscar Health IPO: 14 Things for Potential OSCR Stock Investors to Know

Oscar Health (NYSE:OSCR) stock is taking a beating on Wednesday as its shares start trading for the first time with its initial public offering (IPO).

A hand touches a digital chart with the text "IPO."Source: Shutterstock

Here’s everything potential investors in OSCR stock need to know about the offering.

  • Oscar Health started trading on the New York Stock Exchange today with an IPO that ends on Friday.
  • The offering includes a total of 37,041,026 shares of OSCR stock at a price of $39 each.
  • Of those shares, 36,391,946 are being offered directly from Oscar Health.
  • The remaining 649,080 shares come from certain existing shareholders.
  • OSCR won’t receive any proceeds from the sale of the shares offered by existing stockholders.
  • The Oscar Health IPO also includes a 30-day option for underwriters to purchase an additional 5,556,153 shares.
  • Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), and Allen & Company are the lead managing bookrunners of the IPO.

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  • Wells Fargo (NYSE:WFC) is also acting as the managing bookrunner.
  • Credit Suisse (NYSE:CS) and Bank of America (NYSE:BAC) are other bookrunners of the IPO.
  • Cowen (NASDAQ:COWN) and LionTree are co-managers of the offering.
  • Ramirez & Co. and Siebert Williams Shank are junior co-managers for the IPO.
  • More than 11 million shares of OSCR stock have changed hands as of his writing.
  • It’s also worth noting that shares of the stock actually started trading at $36 each when trading started at about noon.
  • Shares of the stock have continued to rise and fall since then, but are mostly hovering around the $36 price.

OSCR stock was down 9.1% as of Wednesday afternoon.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.

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