LifeStance Health Group Announces Launch of Secondary Public Offering
SCOTTSDALE, Ariz., May 21, 2024 (GLOBE NEWSWIRE) — LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (Nasdaq:LFST), one of the nation’s largest providers of virtual and in-person outpatient mental health care, today announced that certain stockholders of the Company (the “Selling Stockholders”) intend to offer 20,000,000 shares of LifeStance’s common stock, par value $0.01 per share (the “Common Stock”), pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The underwriters will have a 30-day option to purchase up to an additional 3,000,000 shares of common stock from the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering. The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.