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Alignment Healthcare Closes $193 Million Secondary Offering

Paul, Weiss advised Alignment Healthcare, Inc., along with General Atlantic and Warburg Pincus as selling stockholders, in a secondary offering of 9,200,000 shares of Alignment Healthcare common stock, generating gross proceeds of $193 million for all selling stockholders. The underwriters for the offering were led by Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan, BofA Securities and William Blair. Alignment Healthcare is a mission-based, tech-enabled Medicare Advantage insurance company, and a portfolio company of General Atlantic.

The Paul, Weiss team included corporate partners Christopher Cummings, Matthew Abbott and Neil Goldman, and counsel Christian Kurtz; tax partner Lindsay Parks; and executive compensation counsel Reuven Falik.

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