LOUISVILLE, Ky., April 11 /PRNewswire-FirstCall/ -- Almost Family, Inc. (the "Company") (Nasdaq: AFAM) announced today the pricing of 2,250,000 common shares at a public offering price of $17.75 per share. In connection with the public offering, the underwriter has been granted an option to purchase up to 337,500 additional common shares to cover over-allotments, if any. The offering is expected to close on April 16, 2008.
The net proceeds from the public offering, after underwriting discounts and estimated offering expenses, to the Company will be approximately $37,340,950. The Company intends to use the net proceeds from the public offering to repay indebtedness and for other general corporate purposes, including to fund possible future acquisitions.
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
Almost Family, Inc., founded in 1976, is a leading regional provider of
home health nursing services, with branch locations in Florida, Kentucky,
Ohio, Connecticut, Massachusetts, Missour
|SOURCE Almost Family, Inc.|
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