Pacs group, inc. announces closing of its initial public offering and full exercise of the underwriters' option to purchase additional shares from the selling stockholders

Farmington, utah--(business wire)--pacs group, inc. (“pacs” or the “company”) today announced the closing of its initial public offering of 21,428,572 shares of its common stock sold by the company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses. in addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the com.
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