RadNet (RDNT) Announces Proposed $200M Share Offering

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RadNet Announces Proposed $200 Million Underwritten Public Offering of Common Stock

March 7, 2024 4:05 PM EST

LOS ANGELES, March 07, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced today that it intends to offer and sell, subject to market and other conditions, an underwritten public offering of $200,000,000 of shares of common stock. In addition, RadNet intends to grant the underwriters a 30-day option to purchase up to an additional $30,000,000 of shares of common stock. There can be no assurance as to whether or when the offering may be completed, or as... More