One Medical, a technology-powered national primary care organization, today announced it has completed the acquisition of Iora Health, a primary care organization focused on serving Medicare populations.
Pursuant to the merger agreement announced June 7, One Medical issued or has reserved for issuance approximately 56 million shares in the transaction (including shares underlying options). Shares traded at $34.90 when the deal was announced. Shares wer at $24.60 in early afternoon trading today.
One Medical’s parent company 1Life Healthcare is backed by Google. Read more.
