
National Healthcare Properties Announces Closing of Public Offering | NHPAP Stock News

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National Healthcare Properties, Inc. (NHP) has closed its public offering of 38.5 million shares of Class A common stock at $12.00 per share, with trading commencing on Nasdaq under the symbol "NHP." The company plans to use the proceeds to repay $186 million in debt, fund future acquisitions, and for general corporate purposes. The offering included a 30-day option for underwriters to purchase an additional 5.775 million shares. Wells Fargo Securities, Morgan Stanley, and BMO Capital Markets led the offering, which was registered with the SEC.
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