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0.0216718266253869 0.0216718266253869 0.0216718266253869 0.0216718266253869 0.0216718266253869 0.0349845201238389 0.0349845201238389 0.0349845201238389
Stock impact report

Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

Sonida Senior Living, Inc. (SNDA) 
Company Research Source: Yahoo! Finance
"2023 was a transformational year for Sonida. We achieved significant performance milestones while accomplishing key strategic objectives and delivering industry-leading care and services to our residents. These achievements included balance sheet optimization through the comprehensive restructuring of our debt culminating in the $47.8 million equity private placement that closed in the first quarter of 2024. The operational developments and greatly strengthened balance sheet establish Sonida as a differentiated operator, owner, and investor in Senior Living and position the Company to capitalize on near-term dislocation, which will drive the next chapter of value creation for our shareholders," said Brandon Ribar, President and CEO. Fourth Quarter and Full Year Highlights Liquidity significantly improved, resolving any uncertainty around continuing as a going concern. This was facilitated by our private placement executed in February 2024 resulting in cash proceeds of $47.8 mill Show less Read more
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