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Greenway Medical Tech Prices IPO Of About 6.67 Mln Shares At $10.00/shr

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Greenway Medical Technologies Inc. (GWAY) announced the pricing of its initial public offering of about 6.67 million shares of common stock at $10.00 per share. Greenway noted that it is offering 5.39 million shares of common stock and selling stockholders are offering 1.28 million shares of common stock. In addition, the underwriters were granted a 30-day option to purchase up to 1 million additional shares of common stock from Greenway at the initial public offering price.

Greenway noted that it will not receive any proceeds from the sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "GWAY" on February 2, 2012.

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