 RADNOR, Pa., June 28, 2021 GLOBE NEWSWIRE -- Safeguard Scientifics, Inc. NYSE:SFE Safeguard or the Company today announced an update to the fair value of its ownership interest in Bright Health Group Bright Health, a leading national high-growth integrated healthcare platform. On June 23, 2021, Bright Health completed an initial public offering IPO, which included the conversion of its preferred stock into shares of common stock in conjunction with a stock split. With the completion of the IPO, Safeguards stake in Bright Health consists of approximately 1.3 million shares of common stock, subject to the final determination by Bright Healths transfer agent. Based on the IPO closing price of 18.00 per share, Safeguards position in Bright Health is valued at approximately 23.4 million, as compared to 15.3 million on March 31, 2021. Registration filings related to the Bright Health offering, including a description of the six-month lock-up period restricting the trading of these shares, can be reviewed in Bright Healths SEC filings at 