The Pennant Group Announces Public Offering of Common Stock
The Pennant Group, Inc. (PNTG)
Last the pennant group, inc. earnings: 3/4 04:22 pm
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Source: GlobeNewswire
EAGLE, Idaho, Sept. 30, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG) (the “Company”) today announced that it has commenced an underwritten public offering of 3,500,000 shares of common stock of the Company. The Company intends to grant the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock. The Company expects to use the net proceeds from the offering to repay outstanding indebtedness under the Company’s revolving credit facility and any remaining for general corporate purposes. Citigroup and Truist Securities are acting as the lead book-running managers for the offering. Wells Fargo Securities and RBC Capital Markets are acting as joint book-running managers. Oppenheimer & Co. and Stephens Inc. are acting as co-managers. The offering of the common stock is being made pursuant to the Company’s effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). A preliminary prospectus suppl
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News
- We Think That There Are Issues Underlying Pennant Group's (NASDAQ:PNTG) Earnings [Yahoo! Finance]Yahoo! Finance
- Pennant Group to Participate in the 2024 Stephens Annual Investment ConferenceGlobeNewswire
- Pennant Group Inc (PNTG) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Growth ... [Yahoo! Finance]Yahoo! Finance
- The Pennant Group, Inc. (NASDAQ: PNTG) had its price target raised by analysts at Oppenheimer Holdings Inc. from $34.00 to $37.00. They now have an "outperform" rating on the stock.MarketBeat
- Pennant Reports Third Quarter 2024 ResultsGlobeNewswire
PNTG
Earnings
- 11/6/24 - Beat
PNTG
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form SC
- 11/7/24 - Form SC
- PNTG's page on the SEC website