Adeptus Health Inc. Announces Common Stock Offering

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Go back to Adeptus Health Inc. Announces Common Stock Offering

Adeptus Health (ADPT) Announces 2.1M Common Stock Offering

May 4, 2015 7:01 AM EDT

Adeptus Health Inc. (NYSE: ADPT) today announced the offering of 2,100,000 shares of its Class A common stock, of which 1,349,671 shares are to be sold by the Company, and 750,329 shares are to be sold by an affiliate of Sterling Partners (the "Selling Stockholder"). In addition, the Company and the Selling Stockholder have granted the underwriters an option to purchase up to 315,000 additional shares of common stock. The Company intends to use the net proceeds from the offering received by it to purchase, for cash, 1,349,671 limited liability... More