8-K: Astrana Health, Inc. Completes Corporate Name Change and Amends By-Laws

Astrana Health, Inc. officially changed its name from Apollo Medical Holdings, Inc. and amended its by-laws to reflect the change, effective February 26, 2024.

Summary

• Astrana Health, Inc., formerly known as Apollo Medical Holdings, Inc., completed a corporate name change.
• The name change became effective on February 26, 2024, at 12:01 a.m. Eastern Time.
• In conjunction with the name change, the company's by-laws were amended and restated to reflect the new name and incorporate all prior amendments.
• The company's common stock began trading on The Nasdaq Stock Market LLC under the new ticker symbol ASTH on February 26, 2024.
• No other changes were made to the by-laws besides the name change and incorporation of prior amendments.

Sentiment

Score: 7

Explanation: The document reflects a routine corporate action, with no indication of negative or positive financial implications. The sentiment is neutral to slightly positive due to the completion of the planned name change.

Positives

• The company has successfully completed its corporate name change.
• The by-laws have been updated to reflect the new name and incorporate prior amendments.
• The company's stock is now trading under the new ticker symbol, ASTH.

Management Comments

• Brandon Sim, Chief Executive Officer and President, signed the report on behalf of the company.

Industry Context

Corporate name changes are not uncommon, often reflecting a strategic shift or rebranding effort. This change for Astrana Health, Inc. signals a new chapter for the company.

Comparison to Industry Standards

• The process of changing a company name and updating by-laws is a standard corporate procedure.
• The timeline for the name change, from filing the amendment to the effective date, is typical for such corporate actions.
• The filing of amended by-laws as an exhibit to a Form 8-K is a standard practice for publicly traded companies.

Corporate Governance

Stakeholder Impact

• Shareholders will see the company's stock trading under the new ticker symbol ASTH.
• The name change may impact brand perception and recognition.
• The updated by-laws ensure the company's governance documents are current.

Key Dates

Keywords

corporate name change, by-laws amendment, ticker symbol change, ASTH, Astrana Health, Apollo Medical Holdings