RadNet (RDNT) Prices 4.55M Share Offering at $44/sh

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Go back to RadNet (RDNT) Prices 4.55M Share Offering at $44/sh

RadNet Announces Pricing of Public Offering of Common Stock

March 7, 2024 9:54 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 the pricing of its underwritten public offering of 4,550,000 shares of its common stock at a price to the public of $44.00 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 $200 million. In addition, RadNet has granted the underwriters a 30-day option to purchase up to an additional 682,500 shares of... More