Welcome to our dedicated page for Lifestance Health Group news (Ticker: LFST), a resource for investors and traders seeking the latest updates and insights on Lifestance Health Group stock.
LifeStance Health Group reports developments as a Nasdaq-listed provider of virtual and in-person outpatient mental healthcare. The company serves children, adolescents and adults through psychiatric evaluations and treatment, psychological and neuropsychological testing, and individual, family and group therapy.
Recurring news themes include quarterly operating results, visit volumes, clinician productivity, center-level margin trends, cash flow, debt and capital allocation. Company updates also cover secondary common stock offerings by selling stockholders, share repurchase activity, investor conference presentations, executive and board changes, and corporate-status announcements tied to its outpatient mental health services business.
LifeStance Health Group Inc. (NASDAQ: LFST) will release its second quarter earnings on August 11, 2021, after market close. A live earnings conference call is scheduled for the same day at 5:00 p.m. Eastern Time. Participants can join via a dedicated phone line or through a real-time audio webcast available on the LifeStance Investor Relations website. Founded in 2017, LifeStance is a leading provider of outpatient mental health care in the U.S., employing over 3,300 professionals across 27 states.
LifeStance Health Group announced the successful closing of its initial public offering, selling 40 million shares of common stock at $18.00 per share. The company offered 32.8 million shares while selling stockholders contributed 7.2 million shares. The underwriters have an option to purchase an additional 6 million shares within 30 days. LifeStance Health, a leading provider of outpatient mental health care, trades on the Nasdaq under the ticker symbol LFST.
LifeStance Health has priced its initial public offering (IPO) at $18.00 per share, offering a total of 40 million shares. Of these, 32.8 million shares are offered by the Company, and 7.2 million shares are from selling stockholders. The IPO will trade on Nasdaq under the ticker symbol LFST starting June 10, 2021, with the offering expected to close on June 14, 2021. Proceeds will be used to repay existing debt and general corporate purposes. Lead underwriters include Morgan Stanley and Goldman Sachs.