R1 RCM (RCM) Prices 15M Share Secondary Offering at $22.50/Sh by Selling Shareholders
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R1 RCM Announces Pricing of Secondary Offering of 15,000,000 Shares by Selling Stockholders
May 26, 2021 9:21 PM EDTCHICAGO, May 26, 2021 (GLOBE NEWSWIRE) -- R1 RCM Inc. (R1 RCM or the Company) (NASDAQ: RCM) announced that it has priced the underwritten offering of 15,000,000 shares of its common stock by selling stockholders at a price to the public of $22.50 per share. The selling stockholders are TCP-ASC ACHI Series LLLP (TCP-ASC), a Delaware series limited liability limited partnership jointly owned by Ascension Health Alliance and investment funds affiliated with TowerBrook Capital Partners L.P., and Joseph Flanagan, the President and Chief Executive Officer of the Company. The underwriters will have a 30-day option to purchase up... More
