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The initial stock price gives the company a market value of around $ 7.9 billion. The company helps AXA and Berkshire Hathaway reach consumers. If it works well, it could help companies like Bestow and Haven Life, as well as health insurance producers.
Oscar Health Corp., a health insurer, began selling shares to the public this morning through an initial public offering.
Shares of the New York-based company will trade on the New York Stock Exchange under the symbol OSCR.
Oscar said in a registration statement on Form S-1 / A filed Tuesday with the United States Securities and Exchange Commission that she and her investors could sell a total of 35.65 million shares, with a price range of 36 to 38 dollars. This would give the bid a total value of approximately $ 1.36 billion.
The company later said, in an S-1MEF form filed later that day, and a…
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