Certain Common stock of Surgery Partners, Inc. are subject to a Lock-Up Agreement Ending on 24-DEC-2021.
December 23, 2021
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Certain Common stock of Surgery Partners, Inc. are subject to a Lock-Up Agreement Ending on 24-DEC-2021. These Common stock will be under lockup for 46 days starting from 8-NOV-2021 to 24-DEC-2021.
Details:
In connection with this offering, all of the company's directors and officers, and certain stockholders have entered into lock-up agreements with the underwriter under which they agreed, subject to specific exceptions, not to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, or submit to, or file with, the Securities and Exchange Commission a registration statement under the Securities Act relating to, any shares of common stock or securities convertible into or exercisable or exchangeable for any shares of common stock for at least 45 days following the date of this offering.
Surgery Partners, Inc. is a healthcare services company. The Company, through its subsidiaries, owns and operates a national network of surgical facilities and ancillary services. Its segments include Surgical Facility Services and Ancillary Services. The Surgical Facility Services segment consists of the operation of ASCs and surgical hospitals and includes its anesthesia services. Its surgical facilities primarily provide non-emergency surgical procedures across many specialties, including, among others, orthopedics and pain management, ophthalmology, gastroenterology and general surgery. The Ancillary Services segment consisted of multi-specialty physician practices, including physician practices owned and operated pursuant to long-term management service agreements. It is focused on surgical services businesses in the United States, with over 180 locations in 33 states, including ambulatory surgery centers, short-stay surgical hospitals, and multi-specialty physician practices.