Products You May Like
BANNOCKBURN, Sick., June 08, 2021 (GLOBE NEWSWIRE) — Possibility Care Well being, Inc. (“Possibility Care Well being” or the “Firm”) (NASDAQ: OPCH) introduced at present that an affiliate of Madison Dearborn Companions (the “Promoting Stockholder”) has agreed to promote 15,000,000 shares of the Firm’s frequent inventory at a value to the general public of $20.00 per share in an underwritten public providing. The variety of shares of frequent inventory to be offered was elevated to fifteen,000,000 shares from the beforehand introduced 10,000,000 shares. The Promoting Stockholder has additionally granted the underwriter a 30-day choice to buy as much as 2,250,000 further shares of frequent inventory. The providing is anticipated to shut on June 10, 2021, topic to customary closing situations. The Firm won’t obtain any proceeds from the providing.
This sale of shares represents roughly 8.3% of the present shares excellent (or 9.6% assuming full train of the underwriter’s choice to buy further shares). Upon completion of this providing, the Promoting Stockholder’s curiosity within the Firm might be lowered to 38.9% of the excellent shares (or 37.7% assuming full train of the underwriter’s choice to buy further shares), from the present 47.3%.
Goldman Sachs & Co. LLC is appearing as the only real underwriter for the providing.
A shelf registration assertion on Kind S-3 regarding the shares of frequent inventory was filed with, and declared efficient by, the Securities and Alternate Fee (the “SEC”). The providing could also be made solely via a prospectus complement and the accompanying prospectus, which might be filed with the SEC. Chances are you’ll get these paperwork totally free by visiting the SEC’s web site at www.sec.gov. Alternatively, copies could also be obtained from:
Goldman Sachs & Co. LLC
Attn: Prospectus Division
200 West Avenue
New York, New York 10282
Tel: 866.471.2526
E mail: Prospectus-ny@ny.email.gs.com
This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase nor might there be any sale of any securities in any state or jurisdiction during which such a suggestion, solicitation or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
About Possibility Care Well being
Possibility Care Well being is the nation’s largest unbiased supplier of dwelling and alternate website infusion companies. With over 5,000 teammates, together with roughly 2,900 clinicians, we work compassionately to raise requirements of take care of sufferers with acute and power situations in all 50 states. By our scientific management, experience and nationwide scale, Possibility Care Well being is reimagining the infusion care expertise for sufferers, clients and teammates.
Ahead-Trying Statements – Secure Harbor
This press launch might comprise “forward-looking statements” throughout the which means of the protected harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995. Ahead-looking statements will be recognized by phrases equivalent to: “anticipate,” “intend,” “plan,” “imagine,” “undertaking,” “estimate,” “count on,” “might,” “ought to,” “will” and comparable references to future durations. Examples of forward-looking statements embrace statements in regards to the Firm’s capability to consummate the providing and the Firm’s use of proceeds from the providing.
Ahead-looking statements are neither historic info nor assurances of future efficiency. As an alternative, they’re primarily based solely on our present beliefs, expectations and assumptions relating to the way forward for our enterprise, future plans and techniques, projections, anticipated occasions and traits, the economic system and different future situations. As a result of forward-looking statements relate to the long run, they’re topic to inherent uncertainties, dangers and adjustments in circumstances which are tough to foretell and plenty of of that are exterior of our management. Our precise outcomes and monetary situation might differ materially from these indicated within the forward-looking statements. For an in depth dialogue of the components that would have an effect on our precise outcomes and monetary situation, please seek advice from the chance components recognized in our SEC studies, together with, however not restricted to, our Annual Report on Kind 10-Okay and Quarterly Reviews on Kind 10-Q, as filed with the SEC.
Any forward-looking assertion made by us on this press launch is predicated solely on data at the moment obtainable to us and speaks solely as of the date on which it’s made. We undertake no obligation to publicly replace any forward-looking assertion, whether or not written or oral, that could be made infrequently, whether or not because of new data, future developments or in any other case.
For Investor Inquiries:
Mike Shapiro, Chief Monetary Officer
Possibility Care Well being
312.940.2538
Investor.relations@optioncare.com
