That unlocked potential is the backdrop behind Oscar's debut on the public markets, expected to take place on Wednesday. It is expected to price shares between $36 to $38 apiece.
The company's filing didn't name all of the investors who have taken part in Oscar's $1.6 billion in overall fundraising through the years but it did reveal its biggest shareholders. As is typical these days, Oscar Health is using a two-tier structure where it sells Class A shares to the public, with each of those shares offering one vote per share; and it has Class B shares — which are owned only by its founders, executives and key investors — that come with 20 votes per share. Venture capitalist Kushner, via his Thrive Capital firm, will have more than 75% of the company's voting power.Karlie Kloss, Josh Kushner.
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