PACS Group upsized its IPO to $450M at $21/share, trading on NYSE as "PACS" from 11 April.
PACS Group Inc. announced the pricing of its upsized initial public offering (IPO) at $21 per share, raising $450 million in total gross proceeds. The post-acute care facility operator, based in Farmington, Utah, increased the number of shares sold and will begin trading on the New York Stock Exchange under the ticker symbol "PACS" on April 11, 2024. The offering was upsized from 19.05 million shares initially marketed for $20 to $22 each.
April 10, 2024
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