Replies to post #7375 on American Addiction Centers, Inc. (fka FTER)

[Stockpennies]

from page 22 of the just released quaterly report of AAC !!!!!!!!

On October 7, 2014, the Company completed its IPO of 5,750,000 shares of its common stock at a public offering price of $15.00 per share, which included the exercise
in full of the underwriters’ option to purchase an additional 250,000 shares from the Company and 500,000 shares from certain selling stockholders. Net proceeds to the
Company from the IPO were approximately $68.6 million, after deducting underwriting discounts and offering costs. The Company used a portion of these proceeds to repay
the balance, in full, of the Revolving Line on October 7, 2014 of $13.1 million, the Behavioral Healthcare Realty, LLC term loan of $1.6 million and the final $7.3 million payment
related to the Bevell Settlement.
On November 10, 2014, the Company completed a subsidiary short-form merger with AAC and a wholly-owned merger subsidiary whereby the legacy holders of AAC
common stock who did not participate in the Private Share Exchange received 1.571119 shares of Holdings common stock for each share of AAC common stock owned at the
effective time of the merger (for an aggregate of approximately 293,240 shares of Holdings common stock). Upon completion of the short-form merger, Holdings owned 100%
of the outstanding shares AAC.

we are good to go....just wondering when the aac shares will show up in our accounts!!!!!