Deal Details

Initial Public Offering

Healthcare

Initial Public Offering

Summary

Baird served as a co-manager on this offering

About

1Life Healthcare, Inc. (“One Medical” or the “Company”) (NASDAQ-GS: ONEM) recently completed an initial public offering of 20,125,000 shares of common stock, including the exercise in full of the underwriters' option to purchase 2,625,000 additional shares of common stock, at a public offering price of $14.00 per share. The gross proceeds to One Medical, before deducting underwriting discounts, commissions and offering expenses, were approximately $281.8 million. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital, research and development, business development, sales and marketing activities, and capital expenditures.

One Medical is a membership-based primary care platform with seamless digital health and inviting in-office care, convenient to where people work, shop, live and click. One Medical’s mission is to transform healthcare for all through a human-centered, technology-powered model. 1Life Healthcare, Inc. is the administrative and managerial services company for the affiliated One Medical physician owned professional corporations that deliver medical services in-office and virtually. 1Life and the One Medical entities do business under the One Medical brand. 1Life Healthcare, Inc. is headquartered in San Francisco, California.

Healthcare

Initial Public Offering