StockWatch
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Medical/Nursing Services
Corporate ActionMay 12, 2026, 04:48 PM

LifeStance Health Group Announces 35M Share Secondary Offering; Repurchases 6M Shares

AI Summary

LifeStance Health Group, Inc. entered into an Underwriting Agreement on May 7, 2026, for an underwritten offering of 35,000,000 shares of its common stock by selling stockholders. The company did not receive any proceeds from this offering. Additionally, LifeStance Health agreed to repurchase 6,000,000 shares from the underwriter at the same price paid to the selling stockholders. The offering closed on May 12, 2026.

Key Highlights

  • LifeStance Health Group entered an Underwriting Agreement on May 7, 2026.
  • 35,000,000 shares of common stock were offered by selling stockholders.
  • The company did not receive any proceeds from the offering.
  • LifeStance Health agreed to repurchase 6,000,000 shares from the Underwriter.
  • The repurchase price per share is equal to the price paid by the Underwriter to selling stockholders.
  • The offering closed on May 12, 2026.