GoHealth, Inc. (GoHealth), a leading health insurance marketplace, has announced the pricing of its initial public offering of 43,500,000 shares of its Class A common stock at a public offering price of US$21 per share. The underwriters will also have a 30-day option to purchase up to an additional 6,525,000 shares of Class A common stock at the initial public offering price, less the underwriting discount. The shares of Class A common stock are expected to begin trading on The Nasdaq Global Select Market under the ticker symbol "GOCO" on July 15, 2020. The offering is expected to close on July 17, 2020, subject to customary closing conditions.
Latham & Watkins LLP represented GoHealth in the offering with a capital markets team led by New York partners Ian Schuman and Stelios Saffos and counsel Ryan deFord, with associates Brittany Ruiz, Sandy Kugbei, Giulia Franzoso, and Egzon Sulejmani. Advice was also provided on M&A matters by Chicago partner Jonathan Solomon, with associates Matthew Dixon and Joyce Li; on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Eli McCrain; on benefits and compensation matters by New York partner Bradd Williamson, with counsel Rifka Singer and associate Daniel Gocek; on data privacy and security matters by Washington, D.C. partner Jennifer Archie, with associate James Smith; on healthcare and life sciences matters by Washington, D.C. partners Stuart Kurlander and Eric Greig, with counsel Betty Pang and associate Ali Lakhani; on IP matters by New York partner Jeffrey Tochner; on public company representation matters by New York counsel Emily Corbi, with associate Naseem Faqihi Alawadhi; and on Telephone Consumer Protection Act matters by Washington, D.C. partner Matthew Murchison.