Addus HomeCare
Addus HomeCare Corporation Prices Initial Public Offering
Published in Pharma Investments, Ventures and Law Weekly, November 15th, 2009
Addus HomeCare Corporation announced that it has priced the initial public offering of 5,400,000 shares of its common stock at $10.00 per share. Addus shares will begin trading on October 28, 2009 on the Nasdaq Global Market under the ticker symbol "ADUS". The closing of the offering is scheduled to take place on November 2, 2009. Addus expects to receive net proceeds from the offering, after deducting the underwriting discount and estimated offering expenses, of approximately $50.2 million.
Addus has granted the underwriters a 30-day option to purchase up to an additional 810,000 shares to cover over-allotments, if any.
Robert W. Baird & Co. and...
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