Healthcare Firm Guardian Pharmacy Raises $112 million in US IPO

Staff Report From Georgia CEO

Monday, September 30th, 2024

Guardian Pharmacy, which provides pharmacy services to long-term healthcare facilities, raised $112 million in its U.S. initial public offering on Wednesday, valuing the company at about $852 million.

The Atlanta, Georgia-based firm priced its offering of 8 million shares of Class A common stock at $14 apiece, the low-end of its targeted range of $14 to $16 each.

Read more at Yahoo!Finance.