Deal Details

Phreesia Completes $259 Million Follow-On Offering

Healthcare

Phreesia follow-on offering

Summary

Phreesia, Inc. (“Phreesia” or the “Company”) (NYSE: PHR) recently completed an underwritten follow-on offering of 5,175,000 primary shares of its common stock, which includes the full exercise of the underwriters’ option to purchase 675,000 additional shares of common stock. The shares were sold at a public offering price of $50.00 per share, generating gross proceeds of $258.8 million.

Baird served as a co-manager on this offering.

About

Phreesia gives healthcare organizations a suite of robust applications to manage the patient intake process. The Company’s innovative SaaS platform engages patients in their healthcare and provides a modern, consistent experience, while enabling healthcare organizations to enhance clinical care and drive efficiency. Phreesia is headquartered in New York, New York.

Healthcare

Phreesia follow-on offering