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0.085427135678392 0.0753768844221106 -0.015075376884422 0.0150753768844221 0.00502512562814071 0.00502512562814071 -0.0050251256281406 0.00351758793969855
Stock impact report

Sharecare provides strategic update

Sharecare, Inc. - Class A (SHCR) 
Company Research Source: GlobeNewswire
ATLANTA, March 12, 2024 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR) has been evaluating a range of options including a potential sale of the Company, as well as a reevaluation of potential carveout divestitures and an assessment of Sharecare’s strategic direction and continuation as a standalone public company. Sharecare has been interacting with interested parties, and the Board of Directors formed a special committee of independent directors to evaluate multiple proposals for a potential sale transaction and alternatives thereto. Financial and legal advisors have been retained to assist in the evaluation process. “Given the disconnect between Sharecare’s stock price and the intrinsic value of our company, we believe engaging with parties who have expressed interest in acquiring us is a prudent approach in our efforts to maximize value for our shareholders,” said Jeff Arnold, executive chairman and founder of Sharecare. “The board is committed to taking whatever action is in the Show less Read more
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