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ATI Physical Therapy ( (ATIP) ) has issued an announcement.
On March 3, 2025, ATI Physical Therapy closed a $26 million second lien PIK convertible note financing, maturing in 2028 with an 8% interest rate. This financing aims to strengthen ATI’s financial foundation and support its strategic vision, while significant stockholders hold substantial voting power, potentially facilitating a short-form merger.
More about ATI Physical Therapy
ATI Physical Therapy is a nationally recognized outpatient physical therapy provider in the United States, offering services to prevent and treat musculoskeletal pain through its 850+ locations in 24 states and virtual practice. The company operates under a single-branded platform designed to support standardized clinical guidelines and processes, aiming to deliver predictable and impactful patient outcomes.
YTD Price Performance: -56.52%
Average Trading Volume: 33,552
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.86M
For a thorough assessment of ATIP stock, go to TipRanks’ Stock Analysis page.