Our attorneys represented HealthStream in a follow-on public offering of 3,737,500 shares of common stock (including over-allotment option and 150,000 shares sold by certain selling shareholders), which resulted in net proceeds to the company of approximately $55.2 million. The underwriter was William Blair & Company, L.L.C.
HealthStream (NASDAQ: HSTM) offers a suite of software-as-a-service (SaaS) solutions that are used by healthcare employees in the U.S. for training and learning management, talent management, performance assessment, credentialing, and managing simulation-based training programs.