Certain Common Stock of Surgery Partners, Inc. are subject to a Lock-Up Agreement Ending on 6-JAN-2023.
January 05, 2023
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Certain Common Stock of Surgery Partners, Inc. are subject to a Lock-Up Agreement Ending on 6-JAN-2023. These Common Stock will be under lockup for 46 days starting from 21-NOV-2022 to 6-JAN-2023.
Details:
Directors and executive officers, and certain of significant shareholders (such persons, the ôlock-up partiesö) have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 45 days after the date of this prospectus (such period, the ôrestricted periodö), may not (and may not cause any of their direct or indirect affiliates to), without the prior written consent of BofA Securities, Inc., J.P. Morgan Securities, LLC, Barclays Capital Inc. and Jefferies LLC.
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.