agilon health, inc.

agilon health, inc. (AGL) priced its initial public offering on Apr 16, 2021 at $23.00 per share, within its $20.00–$23.00 range, raising $1.07B, and listed on NYSE. At the IPO price its market capitalization was about $8.83B. J.P. Morgan was lead-left underwriter, joined by Goldman Sachs, BofA Securities and Deutsche Bank and others. Cravath advised the underwriters.

agilon health, inc. partners with existing primary care physician groups across the United States to run Medicare-centric, globally capitated lines of business. It supplies a platform, capital and a business model, using local risk-bearing entities that contract with payors.

Status

IPO

Ticker

AGL

Exchange

NYSE

Priced

Apr 16, 2021

IPO price

$23.00

Price range

$20.00–$23.00

Raised

$1.07B

Market cap at IPO price

$8.83B

First filed

Mar 18, 2021

Underwriters

J.P. Morgan, Goldman Sachs, BofA Securities, Deutsche Bank, Wells Fargo, Nomura, William Blair, Truist, Academy Securities, Ramirez & Co. and Siebert Williams Shank

Underwriters' counsel

Cravath

Sector

Healthcare

Country / state

OH

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.