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home / news releases / RCM - R1 RCM slides 7% on secondary stock offering by selling shareholder

RCM - R1 RCM slides 7% on secondary stock offering by selling shareholder

R1 RCM Inc.
  • R1 RCM ( NASDAQ: RCM ) stock slid 7.2% postmarket on Thursday after the firm announced an underwritten public offering of 15M shares by selling stockholder TCP-ASC ACHI Series.
  • The stockholder is a Delaware series limited liability limited partnership owned by Ascension Health Alliance and funds affiliated with TowerBrook Capital Partners.
  • RCM will not receive any proceeds from the offering but will bear the costs associated with the sale of shares.

For further details see:

R1 RCM slides 7% on secondary stock offering by selling shareholder
Stock Information
Company Name: R1 RCM Inc.
Stock Symbol: RCM
Market: NASDAQ
Website: r1rcm.com
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