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Stock impact report

Apria Completes Secondary Offering of Common Stock

Apria, Inc. (APR) 
Company Research Source: GlobeNewswire
INDIANAPOLIS, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Apria, Inc. (the “Company” or “Apria”) (Nasdaq: APR) announced today the completion of a secondary offering of 4,500,000 shares of Apria common stock by a selling stockholder affiliated with Blackstone at a price to the public of $31.50 per share, resulting in gross proceeds of $141.75 million. The selling stockholder has also granted the underwriters an option, exercisable for 30 days from November 10, 2021, to purchase up to an additional 675,000 shares of Class A common stock. Apria did not offer any shares of its common stock and did not receive any net proceeds from the sale of common stock by the selling stockholder. Citigroup and Goldman Sachs & Co. LLC acted as joint lead book-running managers for the offering. BofA Securities, UBS Investment Bank and Piper Sandler acted as joint book-running managers for the offering. Citizens Capital Markets, Fifth Third Securities, TD Securities, Academy Securities, Blaylock Van, LLC, Pense Show less Read more
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