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Bright Health Group Announces Closing of $175 Million Fundraising to Support Targeted Activities | app

MINNEAPOLIS–(BUSINESS WIRE)–October 18, 2022–

Bright Health Group, Inc. (“Bright Health Group” or the “Company”) (NYSE: BHG), today announced the closing of its previously announced offering of Series B Convertible Perpetual Preferred Shares (“Preferred Series B “). A total of 175,000 Series B preferred shares of the company were sold. Total proceeds to the company from the offering were $175 million.

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