ShareholdingJun 3, 2026, 09:56 PM
BrightSpring Prices Secondary Offering of 15M Shares at $58.75
AI Summary
BrightSpring Health Services announced the pricing of a previously disclosed underwritten secondary offering by certain selling stockholders, including an affiliate of Kohlberg Kravis Roberts & Co. L.P. An aggregate of 15,000,000 shares of common stock are being sold at a public offering price of $58.75 per share, with all proceeds going to the selling stockholders. Concurrently, BrightSpring has authorized the repurchase of 1,026,694 shares from the underwriter at the same price, with no underwriting fees for these shares. The offering is expected to close on June 5, 2026.
Key Highlights
- Secondary offering of 15,000,000 shares of common stock priced.
- Public offering price set at $58.75 per share.
- Selling Stockholders, including KKR affiliate, will receive all proceeds.
- BrightSpring will concurrently repurchase 1,026,694 shares from the underwriter.
- No underwriting fees will be paid for the shares repurchased by the Company.
- The offering is expected to close on June 5, 2026.
Price Impact
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