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0.0335524040124524 0.0335524040124524 -0.00985818056035974 -0.0437564856451055 -0.0314769975786925 -0.0334659287443791 -0.0228294707713594 -0.0318228986509858
Stock impact report

Addus HomeCare Announces Proposed Public Offering of Common Stock

Addus HomeCare Corporation (ADUS) 
Last addus homecare corporation earnings: 3/17 04:05 pm Check Earnings Report
Company Research Source: Business Wire
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 no assurance as to whether or when the offering may be completed or as to the final size or terms of the offering. Addus intends to use approximately $81.4 million of the net proceeds it receives 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 o Show less Read more
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