The IPO Buzz: National Healthcare Properties Priced IPO at $12 – $1 Below Range & Stock Dips
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National Healthcare Properties (NHP) priced its IPO at $12.00, $1.00 below the expected range, raising $462 million by selling 38.5 million shares. On its NASDAQ debut, shares opened at $11.56, dipping 4 cents below the IPO price. NHP, a REIT focused on senior housing, plans to use IPO proceeds to pay off $186 million in debt. For 2025, NHP reported a net loss of $71.07 million on revenue of $342.28 million.
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