OSCR News

Explosive IPO Market Delivers the Busiest Quarter Since 2000 The US IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion. Fueled by momentum from 2020, the combination of high volume and large offerings resulted in the biggest first quarter by proceeds ever. Healthcare...read more

Activity in the IPO market started to pick up this past week, with two IPOs raising $1.8 billion. Blank checks kept up their neck-breaking pace, with 39 SPACs raising $11.1 billion. New filers continued to build out the IPO pipeline, with 15 IPOs and 38 SPACs submitting initial filings. Health insurer Oscar Health (OSCR) raised $1.4 billion at a $9.5 billion...read more

Oscar Health, which provides direct-to-consumer online health insurance products and services, raised $1.4 billion by offering 37 million shares (2% insider) at $39, above the upwardly revised range of $36 to $38. The company originally planned to offer 31 million shares (2% insider) at a range of $32 to $34, before increasing the range on Tuesday. All additional shares were sold by...read more

Oscar Health, which provides direct-to-consumer online health insurance products and services, raised the proposed deal size for its upcoming IPO on Tuesday. The New York, NY-based company now plans to raise $1.1 billion by offering 31 million shares (2% insider) at a price range of $36 to $38. The company had previously filed to offer the same number of shares at a range of...read more