Bright Health Seeks to Go Public at Around $14 Billion Value

June 15, 2021, 2:26 PM UTC

Bright Health Group Inc., a digital health platform, is seeking as much as $1.38 billion in its initial public offering.

The Minneapolis-based company plans to sell 60 million shares at $20 to $23 apiece, according to a Tuesday filing with the U.S. Securities and Exchange Commission.

At the top-end of the range, the company would have a market value of $14.4 billion, according to the number of shares outstanding listed in the filing. The filing confirmed a Bloomberg News report.

The company counts venture capital firms New Enterprise Associates, Bessemer Venture Partners and Greenspring Associates among biggest shareholders, ...

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