Five Star Senior Living Inc. Announces Effectiveness of Form S-1 Registration Statement
Five Star Senior Living Inc. - Common Shares (FVE)
Last five star senior living inc. - common shares earnings: 11/9 07:00 am
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investors.fivestarseniorliving.com/home/default.aspx
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Source: Business Wire
NEWTON, Mass.--(BUSINESS WIRE)--Five Star Senior Living Inc. (Nasdaq: FVE) today announced that the Securities and Exchange Commission (“SEC”) has declared Five Star’s registration statement on Form S-1 (File No. 333-233983) effective as of 4:30 p.m. on December 16, 2019.The registration statement relates to the Five Star shares of common stock being issued to Senior Housing Properties Trust (Nasdaq: SNH) and the shareholders of SNH in connection with the Transaction Agreement (the “Transaction Agreement”) entered into on April 1, 2019 between SNH and Five Star. Pursuant to the Transaction Agreement, SNH declared a pro rata distribution of the right to receive Five Star common shares (the “Five Star Share Payment Dividend”). SNH shareholders of record as of 5:00 p.m., Eastern Time, on December 13, 2019 are entitled to receive those rights and the shares of Five Star common stock to be issued with respect to those rights. The Five Star Share Payment Dividend and the related Five St
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