CTEV secondary: H&F affiliates sell 1.5M shares; 225k option
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Claritev Corporation disclosed that affiliates of Hellman & Friedman sold 1,500,000 shares of its Class A common stock in an underwritten secondary offering at $51.50 per share. The Company did not sell any shares and received no proceeds from this transaction.
The Selling Stockholders granted the underwriters a 30-day option to purchase up to 225,000 additional shares. Barclays Capital, Guggenheim Securities, and Wells Fargo Securities acted as joint bookrunners. The offering closed on November 14, 2025. The agreement includes customary representations, warranties, conditions, termination provisions, and indemnification.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did CTEV disclose in this 8-K?
Affiliates of Hellman & Friedman sold 1,500,000 shares of Class A common stock at $51.50 per share in a secondary offering.
Did Claritev (CTEV) receive any proceeds from the sale?
No. The Company did not sell shares and received no proceeds; all shares were sold by the Selling Stockholders.
Was there an over-allotment (greenshoe) option?
Yes. Underwriters received a 30-day option to purchase up to 225,000 additional shares from the Selling Stockholders.
When did the offering close?
The offering closed on November 14, 2025.
Who were the underwriters for CTEV’s secondary offering?
The representatives were Barclays Capital Inc., Guggenheim Securities, LLC, and Wells Fargo Securities, LLC.
Who were the Selling Stockholders?
Certain affiliates of Hellman & Friedman.