secwatch.observer — SEC 8-K summary
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Issuer:     RadNet, Inc. (RDNT)
CIK:        0000790526
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001683168-23-004210
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RadNet closes upsized public offering of 8.7M shares for ~$259M gross proceeds
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- Sold 8,711,250 shares at $29.75 per share, including full overallotment of 1,136,250 shares.
- Gross proceeds ~$259.2M; net proceeds ~$245.5M after underwriting discounts and expenses.
- Net proceeds used to repay $100M of first lien term loans and for working capital / general corporate purposes.
- Jefferies and Raymond James acted as joint active book-running managers; closing occurred June 16, 2023.
- Offering was upsized from initial $225M to $259.2M due to strong demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790526/000168316823004210/0001683168-23-004210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790526/000168316823004210/radnet_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004210

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