Alignment Healthcare’s $193 Million Common Stock Offering

Paul, Weiss, Rifkind, Wharton & Garrison advised Alignment Healthcare on the offering.

Alignment Healthcare, Inc., along with General Atlantic and Warburg Pincus as selling stockholders, in a secondary offering of 9,200,000 shares of Alignment Healthcare common stock, generating gross proceeds of $193 million for all selling stockholders.

The underwriters for the offering were led by Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan, BofA Securities and William Blair.

Alignment Healthcare is a mission-based, tech-enabled Medicare Advantage insurance company, and a portfolio company of General Atlantic.

The Paul, Weiss team included corporate partners Christopher Cummings (Picture), Matthew Abbott and Neil Goldman, and counsel Christian Kurtz; tax partner Lindsay Parks; and executive compensation counsel Reuven Falik.

Involved fees earner: Matthew Abbott – Paul Weiss Rifkind Wharton & Garrison; Christopher Cummings – Paul Weiss Rifkind Wharton & Garrison; Reuven Falik – Paul Weiss Rifkind Wharton & Garrison; Neil Goldman – Paul Weiss Rifkind Wharton & Garrison; Christian Kurtz – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Alignment Healthcare;