PACS Group: NYSE extends listing to Nov 19; interim CFO named; H1 occupancy 88.9%, cash $294M

PACS Group, Inc.

NYSE extended additional trading period through Nov 19, 2025 to allow PACS to complete financial restatement and become current with filings.
Appointed Mark Hancock as interim CFO on Sept 3, 2025, replacing Derick Apt; Hancock previously served as CFO from 2013 to 2023.
As of June 30, 2025, operated 316 facilities with 32,208 skilled nursing beds; total facility occupancy 88.9% (industry avg 78.0%).
Cash and equivalents rose to $294.2M from $157.7M at Dec 31, 2024; expects record revenue and Adjusted EBITDA for H1 2025 when current.

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