Addus Homecare Corp

NASDAQ:ADUSUnited States

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• Addus HomeCare Closes $176 Million Underwritten Public Offering, from 5 hours ago by MT Newswires

  5 hours ago by MT Newswires
  Companies Mentioned: ADUS
  04:11 PM EDT, 06/28/2024 (MT Newswires) -- Addus HomeCare (ADUS) said Friday it raised $176 million from an underwritten public offering of shares. The company sold over 1.7 million shares in the offering at $108 per share, including full exercise o...

• Addus HomeCare Announces Closing of Public Offering, from 5 hours ago by Business Wire

  5 hours ago by Business Wire
  Companies Mentioned: ADUS

  Addus HomeCare Corporation (Nasdaq: ADUS) ("Addus" or the "Company"), a provider of home care services, today announced the closing of an underwritten public offering of 1,725,000 shares of its common stock ("Common Stock"), including 225,000 shares of Common Stock sold pursuant to the exercise in full by the underwriters of their option to purchase additional shares, at a public offering price of $108.00 per share. The net proceeds to the Company from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, were approximately $176 million. Addus intends to use approximately $81.4 million of the net proceeds it received from this offering for the repayment of all indebtedness outstanding under its credit facility and the remainder for general corporate purposes, including the Company's previously announced acquisition of the personal care assets of Gentiva and any future acquisitions or investments. There were no selling stockholders in the offering.

• Addus HomeCare Announces Closing of Public Offering, from 5 hours ago by Dow Jones

  5 hours ago by Dow Jones
  Companies Mentioned: ADUS
  FRISCO, Texas--(BUSINESS WIRE)--June 28, 2024--
  Addus HomeCare Corporation (Nasdaq: ADUS) ("Addus" or the "Company"), a provider of home care services, today announced the closing of an underwritten public offering of 1,725,000 shares of its common stock ("Common Stock"), including 225,000 shares of Common Stock sold pursuant to the exercise in full by the underwriters of their option to purchase additional shares, at a public offering price of $108.00 per share. The net proceeds to the Company from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, were approximately $176 million. Addus intends to use approximately $81.4 million of the net proceeds it received from this offering for the repayment of all indebtedness outstanding under its credit facility and the remainder for general corporate purposes, including the Company's previously announced acquisition of the personal care assets of Gentiva and any future acquisitions or investments. There were no selling stockholders in the offering.
  

• DJ Addus HomeCare Initiated at Outperform by Macquarie, from 14 hours ago by Dow Jones

  14 hours ago by Dow Jones
  Companies Mentioned: ADUS
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/ADUS/analyst-ratings
  
  (END) Dow Jones Newswires
  
  June 28, 2024 07:15 ET (11:15 GMT)
  

• --Macquarie Initiates Addus HomeCare at Outperform With $136 Price Target, from 14 hours ago by MT Newswires

  14 hours ago by MT Newswires
  Companies Mentioned: ADUS
  07:05 AM EDT, 06/28/2024 (MT Newswires) -- ...