HealthStream Raises $40 Million via Private Placement at $29.50; Investor Buys 1.5M Shares
HealthStream announced a private placement with WJRJJ Ventures, selling 1,355,932 newly issued shares for approximately $40.0 million at $29.50 per share. In a related transaction, the investor acquired 144,068 shares from CEO Robert A. Frist, Jr. for about $4.25 million, totaling 1.5 million share…
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