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Stock impact report

Performant Financial Corporation Announces Pricing of Public Offering of Common Stock

Performant Financial Corporation (PFMT) 
Last performant financial corporation earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.performantcorp.com/node/5806
Company Research Source: Business Wire
LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced the pricing of an underwritten registered public offering of up to 10,525,000 shares of its common stock at a price to the public of $3.80 per share.All of the shares of common stock to be sold in the offering are to be sold by the Company. In addition, the Company granted to the underwriters a 30-day option to purchase up to an additional 1,578,750 shares of its common stock at the public offering price.The gross proceeds to the Company from this offering, before deducting underwriting discounts and commissions and offering expenses, but excluding any exercise of the underwriters’ option to purchase additional shares, are expected to be approximately $40.0 million. The offering is scheduled Show less Read more
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