InnovAge Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

DENVER, Sept. 22, 2026 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock by investment funds affiliated with Apax Partners and Welsh, Carson, Anderson & Stowe (together, the “Selling Stockholders”) at a price to the public of $9.25 per share. The offering is expected to close on September 24, 2026, subject to the satisfaction of customary closing conditions. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of InnovAge’s common stock from the Selling Stockholders at the public offering price, less underwriting discounts and commissions.