Sharecare, Inc. (NasdaqGS:SHCR) said on October 12, 2023 that it has received an unsolicited preliminary non-binding takeover proposal of between USD 1.35 and USD 1.80 per share in cash from local private equity firm Claritas Capital. The offer values the target company at up to USD 642.8 million (EUR 605.3 million), based on the number of its outstanding shares. The firm's board of directors will carefully examine the offer, but it does not guarantee that a transaction will follow, Sharecare said.
Shares in the Atlanta-based firm closed flat at USD 1.19 in New York on October 12, 2023, following the announcement.
Sharecare, Inc. is a digital healthcare company that helps people manage their health in one place. The Company offers virtual health platform, which is designed to help people, patients, providers, employers, health plans, government organizations, and communities to optimize individual and population-wide well-being by driving positive behavior change. The Company offers Sharecare+, a digital advocacy solution designed to deliver value through benefits navigation, clinical engagement, virtual care, and chronic case and utilization management. Its platform offers an accessible, interactive, personalized, and rewarding environment that aims to transform user engagement with their healthcare from episodic to everyday. The platform provides a single destination for people, patients, and caregivers to access and clinically reviewed content; digitally connect with other patients, community members and healthcare professionals, and adopt action plans provided by healthcare professionals.