Mar. 3 at 6:14 PM
Alignment Healthcare priced a secondary offering of 13.2 million shares at
$19.46 per share.
The Medicare Advantage provider said an affiliate of General Atlantic will sell 13,167,733 shares in an underwritten public offering. Alignment Healthcare will not receive any proceeds from the sale by the selling stockholder.
The offering is expected to close on March 4, 2026, subject to customary closing conditions, with J.P. Morgan acting as underwriter.
Secondary offerings often pressure share prices, as they increase the number of shares available in the market and can dilute existing shareholders, even when the company itself receives no proceeds.
$ALHC