Pennant Group closes public offering of 4,025,000 shares, net proceeds ~$118.5M

Pennant Group, Inc.

Issued 4,025,000 shares at a public offering, including full underwriter option exercise of 525,000 shares.
Net proceeds to the Company after underwriting discounts and commissions approximately $118.5 million.
Offering closed on October 2, 2024; underwriters led by Citigroup and Truist Securities.
Shares offered under effective shelf registration statement on Form S-3.

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