Claritas Capital Fund IV, LP, Claritas Opportunity Fund 2013, L.P., Claritas Opportunity Fund II, L.P., Claritas Opportunity Fund IV, L.P., Claritas Cornerstone Fund, L.P. and Claritas Opportunity Fund V, L.P., managed by Claritas Capital submits a preliminary non-binding proposal to acquire remaining 89.6% stake in Sharecare, Inc. (NasdaqGS:SHCR) from shareholders for approximately $660 million on October 3, 2023. Claritas Capital will acquire remaining stake for cash consideration of between $1.35 and $1.80 per share. The Board has not yet responded to the Proposal.

Any definitive agreement entered into in connection with the Proposed Transaction would be subject to customary closing conditions, including approval by the Board, any required shareholder approvals and approval by any applicable regulatory authorities. No assurance can be given that any definitive agreement will be entered into, that the Proposed Transaction will be consummated, or that the Proposed Transaction will be consummated on the terms set forth in the Proposal. While the Proposal remains under consideration by the Board, the Reporting Persons and their affiliates expect to respond to inquiries from, and, if invited, to negotiate the terms of the Proposal with, the Board and its representatives.

As of October 12, 2023, Sharecare confirmed that it has received an unsolicited preliminary non-binding proposal from Claritas Capital.