Cotiviti Announces Secondary Public Offering
ATLANTA--(BUSINESS WIRE)--Cotiviti Holdings, Inc. (NYSE:COTV), a leading payment accuracy provider to the healthcare and retail industries, (“Cotiviti” or the “Company”) today announced that certain selling stockholders of the Company (the “Selling Stockholders”) intend to offer 7,000,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in an underwritten public offering. In addition, certain of the Selling Stockholders propose to offer, at the option of the underwriters, up to an additional 1,050,000 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.