Posted by Presse
Commercial & Investment Banking, Picture Gallery
Thursday, November 8th, 2012
ATLANTA, GA — (Marketwire) — 11/08/12 — (NYSE MKT: ADK), a leading long-term care provider, will hold a conference call on Wednesday, November 14, 2012 at 8:30 a.m. Eastern time to discuss results for the third quarter ended September 30, 2012. Financial results will be issued in a press release prior to the call.AdCare President and CEO Boyd P. Gentry, CFO Martin D. Brew and Vice Chairman Chris Brogdon will host the presentation, followed by a question and answer period.Date: Wednesday, Nov
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Monday, September 17th, 2012
ATLANTA, GA — (Marketwire) — 09/17/12 — (NYSE MKT: ADK), a leading long-term care provider, announced that on September 14, 2012 it filed a resale registration statement on Form S-3 with the Securities and Exchange Commission. The registration statement, which has not yet been declared effective by the Securities and Exchange Commission, relates to the resale of the shares of common stock issuable upon the conversion of AdCare-s 8% Subordinated Convertible Notes and the exercise of certain w
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Wednesday, April 4th, 2012
SPRINGFIELD, OH — (Marketwire) — 04/04/12 — (NYSE Amex: ADK), a leading long-term care provider, has been invited to present at Imperial Capital-s Healthcare Investor Forum. The conference will be held at the New York Palace in NYC on Tuesday, April 17, 2012.AdCare CEO Boyd Gentry and Chief Acquisition Officer Chris Brogdon are scheduled to present at 9:00 a.m. Eastern time, with one-on-one meetings held throughout the day. They will discuss the emerging opportunities in the highly fragmente
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Tuesday, April 3rd, 2012
Two Operating Facilities Immediately Add $15.9 Million in Annualized Revenue, With Newly Renovated Sub-Acute Care Facility Expected to Add Additional $20 Million
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Friday, March 30th, 2012
SPRINGFIELD, OH — (Marketwire) — 03/30/12 — (NYSE Amex: ADK) announced today that it completed its previously announced firm commitment underwritten offering of 1,100,000 shares of AdCare-s common stock at a price per share to the public of $3.75, for an aggregate offering amount of approximately $4.1 million. The net proceeds from the offering, after underwriting discounts and commissions and other offering expenses, are approximately $3.7 million. AdCare intends to use the net proceeds fro
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Tuesday, January 3rd, 2012
SPRINGFIELD, OH — (Marketwire) — 01/03/12 — (NYSE Amex: ADK), a leading nursing home and assisted living company, has completed the previously announced agreement to purchase a skilled nursing and assisted living community in Ohio. The final purchase price was $12.5 million — $1.0 million less than the initial purchase agreement — with the effective closing date of December 30, 2011.The community has 179 beds in service and generates an estimated $12 million in gross annualized revenues a
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Friday, December 2nd, 2011
SPRINGFIELD, OH — (Marketwire) — 12/02/11 — (NYSE Amex: ADK), a leading nursing home and assisted living company, has closed the previously announced asset purchase of a skilled nursing and assisted living community in Mountain View, Arkansas for $4.2 million.The facilities have an aggregate of 129 beds in service that generated an estimated $5.4 million in gross annualized revenues (according to its most recent financials), and their addition is expected to be immediately accretive to AdCar
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Monday, November 14th, 2011
SPRINGFIELD, OH — (Marketwire) — 11/14/11 — (NYSE Amex: ADK), a leading nursing home and assisted living company, has been invited to present at the Southwest IDEAS Investor Conference. The conference will be held at the Hilton Anatole Hotel in Dallas, Texas on November 16-17, 2011.AdCare-s Chief Acquisition Officer Chris Brogdon is scheduled to present on Wednesday, November 16, at 3:40 p.m. Central time, with one-on-one meetings held throughout the day. The presentation will be webcast li
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Tuesday, October 4th, 2011
SPRINGFIELD, OH — (Marketwire) — 10/04/11 — (NYSE Amex: ADK), a leading skilled nursing and assisted living provider, received approximately $6.9 million in gross proceeds during the third quarter from the exercise of approximately 99% of warrants sold in its initial public offering in November 2006 and those sold in a private placement in December 2009. The company issued 2,897,149 shares of common stock upon such exercises. Each exercised warrant was exchanged for 1.05 shares of common st
Posted by Presse
Commercial & Investment Banking, Picture Gallery
Monday, August 22nd, 2011
SPRINGFIELD, OH — (Marketwire) — 08/22/11 — (NYSE Amex: ADK), a leading provider of skilled nursing and assisted living for seniors, has signed a definitive agreement to purchase a skilled nursing and assisted living community in Mountain View, Arkansas for $4.2 million.The facilities have an aggregate of 129 beds that generated an estimated $5.2 million in gross annualized revenues according to its most recent financials. The transaction is expected to be immediately accretive to AdCare-s
