- PACS Group (NYSE:PACS) has announced the commencement of an underwritten public offering of 13.89M shares of its common stock, including 2.78M shares of common stock sold by the Co. and 11.11M shares of common stock sold by certain selling stockholders.
- The selling stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 2.08M of shares of common stock.
- PACS will not receive any proceeds from any sale of shares by the selling stockholders.
