Acadia Healthcare ACHC (“Acadia” or the
“Company”) today announced an offering of 9,576,624 shares of its common
stock. The Company will be offering 6,000,000 shares of common stock and
selling stockholders will be offering 3,576,624 shares of common stock.
In addition, the Company intends to grant the underwriters a 30-day
option to purchase up to an additional 900,000 shares of common stock,
and the selling stockholders, collectively, intend to grant the
underwriters a 30-day option to purchase up to an additional 536,495
shares of common stock, all at the public offering price less the
underwriting discount.
Acadia intends to use the proceeds from this offering principally to
fund its acquisition strategy, particularly
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in