ShareholdingMay 7, 2026, 04:54 PM
LifeStance Stockholders Offer 35M Shares; Company to Buy Back 6M
AI Summary
LifeStance Health Group announced that certain stockholders intend to offer 35,000,000 shares of the company's common stock through a secondary offering. The company itself will not sell any shares or receive any proceeds from this offering. Concurrently, LifeStance has authorized the repurchase of 6,000,000 shares from the underwriter, subject to the completion of the offering.
Key Highlights
- Selling Stockholders intend to offer 35,000,000 shares of common stock.
- LifeStance Health Group authorized concurrent repurchase of 6,000,000 shares.
- The company will not sell any shares or receive proceeds from the offering.
- The repurchase price will match the price paid by the underwriter to Selling Stockholders.
- J.P. Morgan is acting as the underwriter for the offering.
- An automatic shelf registration statement was filed with the SEC on May 21, 2024.