Pacs Group announces 13.89M share offering of common stock

Pacs Group announced the commencement of an underwritten public offering of 13,888,890 shares of its common stock, including 2,777,778 shares of common stock sold by the company and 11,111,112 shares of common stock sold by certain selling stockholders. Citigroup, J.P. Morgan and Truist Securities are acting as lead book-running managers for the offering. RBC Capital Markets, Goldman Sachs & Co. and UBS Investment Bank are acting as joint book-running managers. Stephens and Oppenheimer & Co. are acting as co-managers.