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Stock impact report

Performant Financial Corporation Announces Proposed 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 that it has commenced a proposed underwritten registered public offering of shares of its common stock.All of the shares of common stock to be sold in the proposed offering will be sold by the Company. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.The Company intends to use the net proceeds from this proposed offering for working capital and other general corporate purposes, whi Show less Read more
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