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Almost Family, Inc. Announces Exercise of Over-Allotment Option
Almost Family, Inc. Announces Exercise of Over-Allotment Option
LOUISVILLE, Ky., May 9 /PRNewswire-FirstCall/ -- Almost Family, Inc.
(Nasdaq: AFAM), a leading regional provider of home health nursing services,
today announced that the underwriter of the public offering has exercised its
over-allotment option in part and purchased 262,500 additional shares of
common stock at the public offering price of $17.75 per share. Including the
over-allotment, the Company sold 2,512,500 shares in the offering for net
proceeds of $41.8 million, after deducting the underwriting discounts and
estimated offering expenses.
Jefferies & Company, Inc. acted as manager and underwriter of the public
offering.
This news release does not constitute an offer to sell or a solicitation
of an offer to buy the securities described herein, nor shall there be any
sale of these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. This offering may be made
only by means of a prospectus supplement and accompanying base prospectus.
Copies of the prospectus supplement and accompanying base prospectus
related to this offering may be obtained from Jefferies & Company, Inc., 520
Madison Avenue,New York, NY 10022, Attention: Prospectus Department.
About Almost Family, Inc.
Almost Family, Inc., founded in 1976, is a leading regional provider of
home health nursing services, with branch locations inFlorida,Kentucky,
Ohio,Connecticut,Massachusetts,Missouri,Alabama,Illinois andIndiana (in
order of revenue significance). Almost Family, Inc. and its subsidiaries
operate a Medicare-certified segment and a personal care segment. Altogether,
Almost Family operates 81 branch locations in nine U.S. states.
SOURCE Almost Family, Inc.
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