Lantheus Holdings (LNTH) Announces 3M Offering of Common Stock

November 15, 2016 4:22 PM EST

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Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH), today announced an agreement to sell 3,000,000 shares of its common stock. The offering is expected to consist of 1,000,000 shares to be offered by the Company and 2,000,000 shares to be offered by certain of its existing stockholders (the “Selling Stockholders”), pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on Form S-3 and a related registration statement on Form S-3MEF filed with the SEC pursuant to Rule 462(b) under the Securities Act of 1933. The Company intends to use a combination of net proceeds from this offering, together with cash on hand, to repay approximately $20 million of the outstanding principal balance under its senior secured credit facilities. The Company will not receive any proceeds from the sale of shares by the Selling Stockholders. Credit Suisse will act as underwriter for the offering.

A shelf registration statement (including a prospectus) relating to the offering of common stock was filed with the SEC on August 5, 2016 (and became effective on August 31, 2016) and a related registration statement was filed with the SEC on November 15, 2016 pursuant to Rule 462(b) under the Securities Act of 1933 (and became automatically effective upon filing).



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