TPG-backed mental health firm LifeStance raises $590.4 million in U.S. IPO [Reuters]
LifeStance Health Group, Inc. (LFST)
Company Research
Source: Reuters
By Echo Wang 2 Min Read NEW YORK (Reuters) - LifeStance Health Group Inc, the U.S. outpatient mental health company backed by an affiliate of buyout firm TPG, said on Wednesday it sold shares in its initial public offering above a targeted range to raise $590.4 million. LifeStance sold 32.8 million shares at $18 apiece, above an earlier target range of $15 to $17 each, giving it a market capitalization of $6.73 billion. TPG had acquired a majority interest in the company in May 2020 at a total enterprise value of $1.2 billion, after which Summit Partners and Silversmith Capital Partners continued to hold a minority interest. Of the shares sold, 32.8 million were by LifeStance and around 7.2 million by current investors. LifeStance’s listing plan comes as health experts increasingly flag concerns around evidence of higher risks of brain and mental health disorders among COVID-19 survivors. Founded in 2017, the therapy provider provides behavioral healthcare services to children, adole
Show less
Read more
Impact Snapshot
Event Time:
LFST
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LFST alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LFST alerts
High impacting LifeStance Health Group, Inc. news events
Weekly update
A roundup of the hottest topics
LFST
News
- LifeStance Health Group, Inc. (NASDAQ: LFST) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $10.00 price target on the stock.MarketBeat
- Alliance Spine and Pain Centers Implement Behavioral Health Screening With Mental Health Technologies' Patented SmarTest(TM) Technology [Yahoo! Finance]Yahoo! Finance
- LifeStance to Host First Quarter 2024 Earnings Conference Call on May 9, 2024GlobeNewswire
- At US$6.13, Is It Time To Put LifeStance Health Group, Inc. (NASDAQ:LFST) On Your Watch List? [Yahoo! Finance]Yahoo! Finance
- A busy Rock Hill developer has new plans for this wooded property off Celanese Road [Yahoo! Finance]Yahoo! Finance
LFST
Earnings
- 11/7/23 - Miss
LFST
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- LFST's page on the SEC website