Oscar Health, Inc. Announces that Mark Bertolini’s Foundation and Deerfield Management have Entered into an Agreement with a Selling Shareholder to Purchase Shares of Oscar Health

Oscar Health has announced Stock Purchase Agreements with Deerfield Management Company and the Anahata Foundation, a charity established by Oscar’s CEO Mark T. Bertolini. Deerfield plans to purchase 3 million shares of Oscar’s common stock and Anahata 2 million shares. The closing of the private placements is expected to occur on or around November 22, 2023.