American Healthcare REIT eyes $869M in proceeds as the largest of the three

  • American Healthcare REIT, Fortegra, and Fractyle Health set IPO price ranges
  • American Healthcare REIT eyes $869M in proceeds as the largest of the three
  • Mixed reception to two deals last week, but IPO market remains on track
  • CG Oncology nearly doubled in trading debut, while BrightSpring Health Services fell 15%
  • Outdoor sports gear maker Amer Sports IPO still pending
  • American Healthcare REIT plans to offer 56 million shares at $12 to $15
  • Fortegra Group plans to offer 18 million shares at $15 to $18
  • Fractyle Health plans to offer 7.33 million shares at $14 to $16

American Healthcare REIT Inc., Fortegra Group Inc., and Fractyle Health Inc. have set proposed price ranges for their upcoming initial public offerings. American Healthcare REIT is expected to raise about $869 million, making it the largest of the three. The IPO market remains on track despite a mixed reception to two deals last week. CG Oncology had a strong trading debut, while BrightSpring Health Services fell 15%. Amer Sports’ IPO is still pending. American Healthcare REIT plans to offer 56 million shares at a price range of $12 to $15. Fortegra Group plans to offer 18 million shares at a range of $15 to $18. Fractyle Health plans to offer 7.33 million shares at a range of $14 to $16.

Public Companies: American Healthcare REIT Inc. (AHR), Fortegra Group Inc. (TFG)
Private Companies: undefined, undefined, undefined, undefined, undefined, undefined
Key People: AHI Group Holdings (Investment firm), BofA Securities (Underwriter), Morgan Stanley (Underwriter), Goldman Sachs (Underwriter), JPMorgan (Underwriter), Jefferies (Underwriter), Evercore ISI (Underwriter)

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Factuality Level: 7
Justification: The article provides information about the proposed price ranges for upcoming initial public offerings by American Healthcare REIT Inc., Fortegra Group Inc., and Fractyle Health Inc. It also mentions the mixed reception to two previous IPOs and the potential IPO of Amer Sports AS. The article includes specific details about the expected IPO proceeds and the underwriters involved. However, it lacks context and analysis of the broader market conditions and does not provide any expert opinions or perspectives.

Noise Level: 3
Justification: The article provides information about upcoming initial public offerings (IPOs) from American Healthcare REIT Inc., Fortegra Group Inc., and Fractyle Health Inc. It mentions the expected IPO proceeds and the underwriters involved. However, the article lacks analysis, evidence, or actionable insights. It mainly focuses on the IPO details without providing any meaningful context or implications.

Financial Relevance: Yes
Financial Markets Impacted: The article provides information about upcoming initial public offerings (IPOs) for American Healthcare REIT Inc., Fortegra Group Inc., and Fractyle Health Inc. These IPOs may impact the financial markets and the companies involved.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses upcoming IPOs in the healthcare and insurance sectors, which are relevant to financial markets. However, there is no mention of any extreme events.

Reported publicly: www.marketwatch.com