CareTrust REIT raises $507.8M in public offering of 15.87M shares at $32/share

CareTrust REIT, Inc.

Offered 13.8M firm shares plus fully exercised 2.07M option shares for total 15.87M shares.
Gross proceeds of approximately $507.8M based on public price of $32 per share.
Underwriting syndicate led by Wells Fargo, BofA Securities, and J.P. Morgan.
Shares delivered and offering closed on November 1, 2024, under existing shelf registration.
Company intends to use net proceeds for general corporate purposes, including potential acquisitions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.