STOCK TITAN

Concentra Announces Confidential Submission of Draft Registration Statement Related to Proposed Public Offering

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

ADDISON, Texas, March 18, 2024 /PRNewswire/ -- Concentra Group Holdings Parent, Inc. ("Concentra") today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions. Concentra is a wholly-owned subsidiary of Select Medical Holdings Corporation (NYSE: SEM).

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ("Securities Act"). This announcement is being issued in accordance with Rule 135 under the Securities Act.

Cision View original content:https://www.prnewswire.com/news-releases/concentra-announces-confidential-submission-of-draft-registration-statement-related-to-proposed-public-offering-302090865.html

SOURCE Concentra Group Holdings Parent, Inc.

Keep reading