secwatch.observer — SEC 8-K summary
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Issuer:     Addus HomeCare Corp (ADUS)
CIK:        0001468328
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001193125-24-170947
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Addus HomeCare prices 1.5M share public offering at $108; net proceeds ~$153M for debt paydown and Gentiva acquisition
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- Offering of 1,500,000 shares at $108.00 per share; underwriters granted 30-day option for up to 225,000 additional shares.
- Estimated net proceeds of approximately $153 million ($176 million if option fully exercised).
- Approximately $81.4 million to repay all indebtedness under credit facility; remainder for general corporate purposes including Gentiva personal care asset acquisition.
- No selling stockholders; offering expected to close on June 28, 2024.
- BofA Securities and Jefferies are joint book-running managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468328/000119312524170947/0001193125-24-170947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468328/000119312524170947/d805293d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-170947

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