Skylight Health Group, a multi-state primary care management group, priced its public offering of 275,000 shares of its 9.25% Series A Cumulative Redeemable Perpetual Preferred Shares at $21 per share. Gross proceeds from the offering are expected to be approximately $5.8 million, before expenses.
The shares of Series A Preferred Stock are expected to start trading on the Nasdaq Dec. 2 under SLHGP.
The offering is expected to close Dec. 6.
The Benchmark Company was sole book-running manager for the offering. Read more.