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Sharecare provides update on review of strategic alternatives

The company said, “Under the direction of Sharecare’s special committee of the Board of Directors, with the support of the Company’s executive chairman and senior management, Sharecare is in active discussions with multiple bidders for a potential sale of the Company or other strategic transaction. While Sharecare expects to bring the process to a conclusion within 30 to 45 days and will communicate the result at that time, there can be no assurance of that timing, or that a transaction will result at all.”

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