Acadia Healthcare Announces 9.57M Share Offering of Common Stock

Acadia Healthcare

(“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