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Bright Health Details IPO Terms in SEC Filing

What to know about the Bright Health IPO terms:

  • Bright Health, the Minneapolis-based healthcare and medtech company, has set the terms for its upcoming IPO
  • According to a filing with the SEC, the company says it could sell 67.2 million shares of stock at $23 per share
    • That figure would translate to $1.55 billion, crushing the largest Minnesota IPO by more than double (Ceridian HCM Holding with $531 million from 24.15 million shares in 2018)

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Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and tech.mn. When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).