secwatch.observer — SEC 8-K summary
======================================

Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001869198-24-000036
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life Time Group closes 13.8M share equity offering at $21.75; proceeds for debt paydown
--------------------------------------------------------------------------------

- Company sold 6M primary shares; selling stockholders sold 7.8M shares (incl. 1.8M over-allotment) at $21.75/share.
- Net proceeds from primary shares ~$130.5M for general corporate purposes, including debt repayment.
- Offering closed Aug 14, 2024; underwriters Morgan Stanley & Co. and BofA Securities.
- Company received no proceeds from secondary shares sold by selling stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000186919824000036/0001869198-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000186919824000036/lth-20240812.htm
  HTML page:      https://secwatch.observer/filing/0001869198-24-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer