Agiliti Inc. (AGTI) Prices 26.32M Share IPO at $14/Sh

Agiliti, Inc. (NYSE: AGTI) (“Agiliti”), an essential service provider to the U.S. healthcare industry, today announced the pricing of its underwritten initial public offering of 26,315,789 shares of common stock at a price to the public of $14 per share. In connection with this offering, Agiliti has granted the underwriters a 30-day option to purchase up to an additional 3,947,368 shares of common stock at the initial public offering price less the underwriting discount. The shares are expected to begin trading on the New York Stock Exchange on April 23, 2021 under the symbol “AGTI.” The initial public offering is expected to close on April 27, 2021, subject to the satisfaction of customary closing conditions.

Agiliti intends to use the net proceeds of this offering to repay outstanding borrowings and related fees and expenses, under its credit facilities.

BofA Securities, Inc. and Goldman Sachs & Co. LLC are acting as lead joint bookrunning managers and representatives of the underwriters for the offering. Morgan Stanley & Co. LLC and BMO Capital Markets Corp., are acting as joint bookrunning managers for the offering. Citigroup Global Markets Inc., Jefferies LLC and UBS Securities LLC are acting as bookrunning managers for the offering. KeyBanc Capital Markets Inc., Raymond James & Associates, Inc., MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Mischler Financial Group, Inc. and Siebert Williams Shank & Co., LLC are acting as co-managers.

The offering is being made only by means of a prospectus.

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