Streamline
Health Solutions STRM, a leading provider of
knowledge management solutions for healthcare providers, today announced
that it intends to offer 2,500,000 shares of its common stock, par value
$0.01 per share, in an underwritten public offering, subject to market
and other conditions. In addition, Streamline Health intends to grant
the underwriters a 30-day option to purchase up to 375,000 additional
shares of Streamline Health common stock to cover over-allotments, if
any. There can be no assurance as to whether or when the offering may be
completed or as to the actual size or terms of the offering.
Streamline Health intends to use the net proceeds from the offering, if
completed, to finance the
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