Cotiviti Announces Pricing of Secondary Public Offering
ATLANTA--(BUSINESS WIRE)--Cotiviti Holdings, Inc. (NYSE:COTV) (“Cotiviti” or the “Company”), a leading provider of payment accuracy and analytics-driven solutions primarily focused on the healthcare industry, today announced the pricing of the previously announced underwritten secondary offering by certain stockholders of the Company (the “Selling Stockholders”) of an aggregate of 10,000,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) pursuant to a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”), at a price to the public of $37.00. In addition, the Selling Stockholders have granted the underwriter an option to purchase up to an additional 1,500,000 shares of Common Stock. The Selling Stockholders will receive all of the proceeds from this offering.