InnovAge Announces Launch of Proposed 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 launch of an underwritten public offering of its common stock by investment funds affiliated with Apax Partners and Welsh, Carson, Anderson & Stowe (together, the “Selling Stockholders”). The Selling Stockholders are offering 10,000,000 shares of InnovAge’s common stock pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed with the Securities and Exchange Commission (the “SEC”). The Selling Stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of InnovAge's common stock at the public offering price, less underwriting discounts and commissions.