RadNet (RDNT) Prices Upsized 7.58M Share Offering at $29.75/sh

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Go back to RadNet (RDNT) Prices Upsized 7.58M Share Offering at $29.75/sh

RadNet Announces Pricing of Upsized Public Offering of Common Stock

June 13, 2023 11:36 PM EDT

LOS ANGELES, June 13, 2023 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced today the pricing of its underwritten public offering of 7,575,000 shares of its common stock at a price to the public of $29.75 per share. The gross proceeds to RadNet from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $225 million. In addition, RadNet has granted the underwriters a 30-day option to purchase up to an additional 1,136,250 shares of... More