Oak Street Health Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

CHICAGO--(BUSINESS WIRE)-- Oak Street Health, Inc. (“Oak Street”), a fast-growing network of value-based, primary care centers for adults on Medicare, today announced the closing of its initial public offering of 17,968,750 shares of its common stock, including the exercise in full of the underwriters’ option to purchase 2,343,750 additional shares of common stock, at the initial public offering price of $21.00 per share. Gross proceeds to Oak Street, before deducting underwriting discounts and commissions and offering expenses, were approximately $377 million.

Oak Street Health Announces Pricing of Initial Public Offering

CHICAGO--(BUSINESS WIRE)--Oak Street Health, Inc. (“Oak Street”), a fast-growing network of value-based, primary care centers for adults on Medicare, today announced the pricing of its initial public offering of 15,625,000 shares of its common stock at a price to the public of $21.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol “OSH” on August 6, 2020, and the offering is expected to close on August 10, 2020, subject to customary closing conditions.