AAC Holdings Inc AAC:NYSE (Common Stock)
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
|---|---|---|---|---|
| 27.36 | 2.93 11.99% | 286,952 | 405.7K |
Latest News Headlines for AAC Holdings Inc
BRENTWOOD, Tenn.--(BUSINESS WIRE)--October 05, 2015-- AAC Holdings, Inc. (NYSE: AAC) completed the closing of two financing facilities with Deerfield Management Company, L.P. ("Deerfield"), AAC's largest institutional shareholder of record and a leading healthcare specific investor with over $6 billion under management. The capital commitment consists of $25.0 million of subordinated convertible debt and up to $25.0 million of subordinated debt, together with an incremental facility of up to an additional $50.0 million of subordinated convertible debt (subject to certain conditions). AAC drew down $25.0 million of convertible debt at closing and will use the proceeds to fund its active acquisition strategy, its de novo pipeline and for other corporate purposes.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in AAC Holdings, Inc. of Class Action Lawsuit and Upcoming Deadline - AAC NEW YORK, NY--(Marketwired - Oct 2, 2015) - Pomerantz LLP announces that a class action lawsuit has been filed against AAC Holdings, Inc. ("AAC" or the "Company")(NYSE: AAC) and certain of its officers. The class action, filed in United States District Court, Middle District of Tennessee, and docketed under 15-cv-00986, is on behalf of a class consisting of all persons or entities who purchased AAC securities between October 2, 2014 and August 3, 2015 inclusive (the "Class Period"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
Acquisition Adds 110 In-Network Beds and Expands AAC's Footprint to Mid-Atlantic Region BRENTWOOD, Tenn.--(BUSINESS WIRE)--October 01, 2015-- AAC Holdings, Inc. (NYSE: AAC) completed the previously announced acquisition of the operating assets of Sunrise House Foundation, Inc., a non-profit corporation operating a 110-bed substance abuse treatment center, 30 halfway house beds and two outpatient programs all in Western New Jersey, for a total purchase price of $6.6 million in cash.
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Latest Annual and Quarterly SEC Filings
More FilingsCompany Background
AAC Holdings, Inc. is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company operates approximately seven residential substance abuse treatment facilities and one outpatient substance abuse treatment facility. Its substance abuse treatment facilities are located throughout the United States, focused on delivering clinical care and treatment solutions across its approximately 560 beds, which includes approximately 378 licensed detoxification beds. It has made investments in its treatment facilities. The Company provides care to adults and adolescents struggling with alcohol and/or drug abuse and dependence, as well as co-occurring mental health issues. The Company offers various treatment services, which include detoxification, residential treatment, partial hospitalization and intensive outpatient services.
collapse, right-facing arrow indicating collapsed view of sectionOverview
| Bid | Size | -- | -- |
|---|---|
| Ask | Size | -- | -- |
| Price Open | 24.71 |
| Previous Close | 24.43 |
| Day High | 27.7399 |
| Day Low | 24.71 |
| 52 Week High | 7/6/2015 | 46.60 |
| 52 Week Low | 8/4/2015 | 15.09 |
| % Off 52 Week High | -41.29% |
| % Off 52 Week Low | 81.31% |
| Beta (5 Yr) | -- |
| Volatility Avg | 10/2/2015 | 75.52 |
| 10-Day Avg. Volume | 405,697 |
| Market data is delayed by at least 20 minutes. | |
collapse, right-facing arrow indicating collapsed view of sectionFundamentals
| EPS (TTM) | 6/30/2015 | 0.65 |
|---|---|
| P/E Ratio | 6/30/2015 | 37.8 |
| Market Cap | Small Cap | 613.1M |
| Shares Outstanding | 22.41M |
| Float | 9.1M |
collapse, right-facing arrow indicating collapsed view of sectionDividends
| Dividend Yield | -- |
|---|---|
| Ex-Date | -- |
| Dividend Announcement | -- |
| Date of Record | -- |
| Payable | -- - -- |
| Payable Date | -- |