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Emergency Medical Services To Commence Secondary Offering Of 6 Mln Shares - Quick Facts

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

Emergency Medical Services Corp. (EMS) said that it plans to commence a public secondary offering of 6 million shares of class A common stock. The company will not receive any proceeds from the offering.

The shares are being offered primarily by affiliates of Onex Corp. The Onex Entities' shares represent about 26% of the Onex Entities' equity interests in EMSC.

After giving effect to this offering, the Onex Entities will own about 39% of the equity interests in EMSC and about 86% of the combined voting power.

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