Cotiviti Announces 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 that certain stockholders of the Company (the “Selling Stockholders”) intend to offer 10,000,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in an underwritten secondary offering, pursuant to a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”). 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 offering consists entirely of secondary shares to be sold by the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering.