Today's Date: October 2, 2023
Simon® Earns GRESB Green Star   •   How to Make a Difference This Halloween   •   iQor Celebrates Customer Service Week 2023   •   Carmen M. Hernández Joins HITN’s Board of Directors   •   EPA Names Clorox as 2023 Safer Choice Partner of the Year for Advancing Ingredient and Product Safety   •   Andreozzi + Foote File Lawsuits as the New Maryland Child Victims Law Takes Effect   •   U.S. Postal Service Commemorates Legacy of Ruth Bader Ginsburg   •   Honouliuli National Historic Site Commemorated with Blessing Event and Plaque Dedication Ceremony   •   Link Logistics Publishes Third Annual ESG Report   •   Remedios Varo Exhibition at Art Institute of Chicago Celebrates Hispanic Heritage Through Art   •   Most Women Skipping Annual Mammograms, According to New MedStar Health Survey   •   BWX Technologies to Announce Third Quarter 2023 Results on Wednesday, November 1   •   ComplyCube Unveils No-ID Age Estimation to Address Growing Global Age-Restriction Regulations   •   Veteran Tech Exec Sissie Hsiao joins Bumble Inc. Board of Directors   •   J&J Patent Move Must be First of Many, says AHF   •   Empire State Realty Trust Announces Acquisition of Prime Retail Asset in Williamsburg, Brooklyn, as Part of Capital Recycling Pr   •   Global Gaming Women Announces Event Line-up at Global Gaming Expo 2023 including the 13th Annual Kick Up Your Heels Fundraiser   •   Essential Utilities Completes Sale of West Virginia Gas Utility Assets   •   Feinstein Institutes’ Ross Prize awardees win 2023 Nobel Prize in Physiology or Medicine   •   Afya Limited to Report Third Quarter and Nine Months 2023 Financial Results on November 13th
Bookmark and Share

GE HealthCare Technologies Inc. Prices Secondary Offering of 25,000,000 Shares

CHICAGO , June 08 /Businesswire/ - GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the “Company” or “GE HealthCare”) announced today the pricing of the previously announced secondary underwritten public offering (the “Offering”) of 25,000,000 shares of its common stock (the “GEHC Shares”) at a public offering price of $78.00 per share. GE HealthCare is not selling any shares of common stock and will not receive any proceeds from the sale of the GEHC Shares in the Offering or from the debt-for-equity exchange (as described below).

Prior to the closing of the Offering, General Electric Company (“GE”) is expected to exchange the GEHC Shares for indebtedness of GE held by Morgan Stanley Senior Funding, Inc. and Morgan Stanley Bank, N.A. (together, the “MS Lenders”), affiliates of Morgan Stanley & Co. LLC, the selling stockholder in the Offering by designation of the MS Lenders. Following the debt-for-equity exchange, if consummated, Morgan Stanley & Co. LLC, as the selling stockholder in the Offering, intends to sell the GEHC Shares to the underwriters in the Offering. The selling stockholder in the Offering has granted the underwriters an option to purchase additional shares of GE HealthCare common stock at the public offering price less the underwriting discount for 30 days.

Evercore ISI, Morgan Stanley, BofA Securities, Citigroup and Goldman Sachs & Co. LLC are serving as the lead joint book-running managers for the Offering. BNP PARIBAS, Credit Agricole CIB, J.P. Morgan, Mizuho, MUFG and SOCIETE GENERALE are also serving as joint book-running managers for the Offering. The Offering is expected to close on June 12, 2023, subject to customary closing conditions.

The Company has filed a shelf registration statement (including a prospectus) on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) for the Offering to which this communication relates. The registration statement was declared effective on June 7, 2023. This Offering is being made only by means of a prospectus supplement and an accompanying prospectus. You may obtain these documents for free by visiting EDGAR on the SEC’s website at Alternatively, copies of the prospectus supplement and accompanying prospectus relating to the Offering may be obtained from Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at (888) 474-0200 or by e-mail at; Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, email:; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146); and Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, or by emailing

This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About GE HealthCare

GE HealthCare is a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, dedicated to providing integrated solutions, services, and data analytics to make hospitals more efficient, clinicians more effective, therapies more precise, and patients healthier and happier. Serving patients and providers for more than 100 years, GE HealthCare is advancing personalized, connected, and compassionate care, while simplifying the patient’s journey across the care pathway. Together our Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics businesses help improve patient care from diagnosis, to therapy, to monitoring. We are an $18.3 billion business with 50,000 employees working to create a world where healthcare has no limits.

Forward‐Looking Statements

This release contains forward-looking statements. These forward-looking statements might be identified by words, and variations of words, such as “will,” “expect,” “may,” “would,” “could,” “plan,” and similar expressions. These forward-looking statements may include, but are not limited to, statements about the size, timing or results of the offering and the selling stockholders’ intent to offer shares of common stock, and reflect management’s current plans, estimates and expectations and are inherently uncertain. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates or expectations contemplated will be achieved. These forward-looking statements involve risks and uncertainties, many of which are beyond the Company’s control. Factors that could cause actual results to differ materially from those described in the Company’s forward-looking statements include, but are not limited to, operating in highly competitive markets; ability to control increases in healthcare costs and any subsequent effect on demand for the Company’s products, services, or solutions; the Company’s ability to operate effectively as an independent, publicly-traded company and achieve the benefits the Company expects from its spin-off from General Electric Company; the incurrence of substantial indebtedness in connection with the spin-off and any related effect on the Company’s business; and the other factors detailed in the Company’s Registration Statement on Form S-1 filed on June 5, 2023, as well as other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission. Please also see the “Risk Factors” section of the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission and any updates or amendments it makes in future filings. There may be other factors not presently known to the Company or which it currently considers to be immaterial that could cause the Company’s actual results to differ materially from those projected in any forward-looking statements the Company makes. The Company does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.

STORY TAGS: Funding, Stock Sale/Buyback, Biotechnology, Data Analytics, Pharmaceutical, Health, Medical Devices, Data Management, Professional Services, Technology, United States, North America, Illinois,


White House Live Stream
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Sounds Make the News ®
Atlanta - WAOK-Urban
Berkley / San Francisco - KPFA-Progressive
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
Washington - WOL-Urban

Listen to United Natiosns News