Addus HomeCare (ADUS) Announces Proposed 1.5M Share Offering

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Go back to Addus HomeCare (ADUS) Announces Proposed 1.5M Share Offering

Addus HomeCare Announces Proposed Public Offering of Common Stock

June 26, 2024 4:01 PM EDT

FRISCO, Texas--(BUSINESS WIRE)-- Addus HomeCare Corporation (Nasdaq: ADUS) (Addus or the Company), a provider of home care services, today announced that it has commenced a proposed public offering of 1,500,000 shares of its common stock. Addus expects to grant the underwriters a 30-day option to purchase additional shares of its common stock in an amount of up to 225,000 shares of its common stock.

BofA Securities and Jefferies are acting as joint book-running managers for the offering. The offering is subject to market and other conditions, and there can be... More