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This Article is From Jul 15, 2020

GoHealth Prices IPO Above Target at $21 a Share

GoHealth Inc. expanded the size of its U.S. initial public offering and priced the shares above the marketed range to raise $914 million, according to people familiar with the matter.

The Chicago-based health insurance company sold 43.5 million shares for $21 each, said the people, who asked not to be identified because the information wasn't public yet. GoHealth had marketed 39.5 million shares for $18 to $20 each, according to its filings with the U.S. Securities and Exchange Commission.

A representative for GoHealth didn't immediately respond to requests for comment.

The offering was led by Goldman Sachs Group Inc., Bank of America Corp.and Morgan Stanley. The shares are expected to begin trading Wednesday on the Nasdaq Global Market under the symbol GOCO.

©2020 Bloomberg L.P.

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