Oak Street Health, Inc.

Oak Street Health, Inc. (OSH) priced its initial public offering on Aug 7, 2020 at $21.00 per share, above its $19.00–$20.00 range, raising $328.1M, and listed on NYSE. At the IPO price its market capitalization was about $5.01B. J.P. Morgan was lead-left underwriter, joined by Goldman Sachs, Morgan Stanley and William Blair and others. Kirkland & Ellis advised the company and Davis Polk advised the underwriters.

Oak Street Health, Inc. has operated since 2012 as a primary care delivery platform for Medicare-eligible patients, focused on at-risk populations. Through its technology-enabled Oak Street Platform, it works in value-based care to improve outcomes and care quality while lowering medical costs.

Status

IPO

Ticker

OSH

Exchange

NYSE

Priced

Aug 7, 2020

IPO price

$21.00

Price range

$19.00–$20.00

Raised

$328.1M

Market cap at IPO price

$5.01B

First filed

Jul 10, 2020

Underwriters

J.P. Morgan, Goldman Sachs, Morgan Stanley, William Blair, Piper Sandler, Baird and Truist

Company counsel

Kirkland & Ellis

Underwriters' counsel

Davis Polk

Sector

Healthcare

Country / state

IL

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