Acquisition AgreementSharecare announced it has entered an agreement to be acquired by Altaris, a healthcare-focused investment firm at $1.43 per share.
Management ContinuitySharecare's current executive leadership team, including CEO Brent Layton, is expected to continue in their roles following the acquisition and maintain a continuity of business operations.
Premium Acquisition OfferThe acquisition represents an ~85% premium to SHCR's closing price on 6/20/24 and an ~87% premium to the 90-day volume weighted average trading price.