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Addus said its shares will begin trading on October 28, 2009 on the Nasdaq Global Market under the ticker symbol "ADUS". The company said it has scheduled the closing of the offering to take place on November 2, 2009. Addus expects to receive net proceeds from the offering, after deducting the underwriting discount and estimated offering expenses, of about $50.2 million.
Addus said it has granted the underwriters a 30-day option to purchase up to an additional 810 thousand shares to cover over-allotments, if any.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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