Radiology Business March 8, 2024
RadNet Inc. on Thursday announced plans to raise $200 million through its second public stock offering since last summer.
The Los Angeles-based imaging center operator said it’s seeking to sell 4.55 million shares of common stock to the public at a price of $44 per share. Proceeds from the offering are expected to go toward “general corporate purposes,” the company said in a March 7 announcement.
“We may also use a portion of the net proceeds to acquire complementary businesses, products, services or technologies; however, except for our previously announced acquisition in Houston, we do not have agreements or commitments to enter into any...