Convey Health Solutions Holdings, Inc.

Convey Health Solutions Holdings, Inc. (CNVY) priced its initial public offering on Jun 17, 2021 at $14.00 per share, raising $186.7M, and listed on NYSE. At the IPO price its market capitalization was about $1.02B. BofA Securities was lead-left underwriter, joined by Goldman Sachs, J.P. Morgan and Barclays and others. Cravath advised the company and Davis Polk advised the underwriters.

Convey Health Solutions Holdings, Inc. provides technology and services that support government-sponsored health plans, including Medicare Advantage. For payors it covers product development and sales, member experience, clinical management, core operations and analytics.

Status

IPO

Ticker

CNVY

Exchange

NYSE

Priced

Jun 17, 2021

IPO price

$14.00

Raised

$186.7M

Market cap at IPO price

$1.02B

First filed

May 21, 2021

Underwriters

BofA Securities, Goldman Sachs, J.P. Morgan, Barclays, Truist, Canaccord Genuity and Siebert Williams Shank

Company counsel

Cravath

Underwriters' counsel

Davis Polk

Sector

Healthcare

Country / state

FL

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