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Wednesday, September 23, 2020

GoodRx Holdings valued at $12.7B after pricing IPO above expected range

California-based telehealth company, GoodRx Holdings (NASDAQ:GDRX) has priced its IPO at $33, well above expected price range of $24 – $28 per share.

The company will raise $772.9M through selling 23.4M shares, and selling stockholders to sell 11.2M.

Private equity investor Silver Lake owned about 35.3% of GoodRx before the offering.

https://seekingalpha.com/news/3616515-goodrx-holdings-valued-12_7b-after-pricing-ipo-above-expected-range

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