Aveanna Healthcare Holdings Files For Mixed Shelf Of Up To $400M; In Addition, Selling Stockholders Are Offering Up To 54.4M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Aveanna Healthcare Holdings has filed for a mixed shelf offering of up to $400 million. Additionally, selling stockholders are offering up to 54.4 million shares of common stock.
September 06, 2024 | 8:25 pm
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Aveanna Healthcare Holdings is initiating a mixed shelf offering of up to $400 million, and selling stockholders are offering up to 54.4 million shares of common stock. This could lead to stock price volatility.
The mixed shelf offering and the large number of shares being offered by selling stockholders could lead to an increase in supply of shares, potentially putting downward pressure on the stock price in the short term.
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