{"success":true,"data":{"pressRelease":{"id":"124450","rtpr_id":"nGNX5CH4tY","ticker":"AVAH","exchange":"NASDAQ","all_tickers":["AVAH"],"title":"Aveanna Announces Launch of Secondary Offering of Common Stock","author":"Globe Newswire","published_at":"2026-08-20T20:09:27.098Z","article_body":"ATLANTA, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc.\n(NASDAQ: AVAH), a leading, diversified home care platform focused on providing\ncare to medically complex, high-cost patient populations, announced today that\ncertain selling stockholders (the “Selling Stockholders”), including\naffiliates of J.H. Whitney Equity Partners VII, LLC and certain current and\nformer directors and officers of the Company, have commenced a secondary\noffering of 15,000,000 shares of its common stock (the “Offering”).\nCertain affiliates of J.H. Whitney Equity Partners VII, LLC will also grant\nthe underwriter a 30-day option to purchase up to an additional 2,250,000\nshares of the Company’s common stock. The Selling Stockholders will receive\nall of the net proceeds from the Offering. The Company is not offering any\nshares of its common stock in the Offering and will not receive any of the\nproceeds from the sale of the shares offered by the Selling Stockholders.\n\nRBC Capital Markets will serve as the sole book-running manager for the\nOffering.\n\nA shelf registration statement on Form S-3 (including a prospectus) relating\nto these securities has been filed with and declared effective by the\nSecurities and Exchange Commission (the “SEC”). Before you invest, you\nshould read the prospectus in that registration statement, including the\ndocuments incorporated by reference therein, the accompanying prospectus\nsupplement and other documents the Company has filed or will file with the SEC\nfor more complete information about the Company and this Offering. You may get\nthese documents, when available, for free by visiting EDGAR on the SEC website\nat www.sec.gov. Alternatively, copies of the prospectus supplement and the\naccompanying prospectus may also be obtained, when available, by contacting\nRBC Capital Markets, LLC, Attention: Equity Capital Markets, 200 Vesey Street,\n8th Floor, New York, NY 10281 by telephone at (877) 822-4089 by email:\nequityprospectus@rbccm.com.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy nor will there be any sale of these securities in any state or\nother jurisdiction in which such an offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state or jurisdiction.\n\nAbout Aveanna Healthcare\n\nAveanna Healthcare is headquartered in Atlanta, Georgia and has locations in\n39 states providing a broad range of pediatric and adult healthcare services,\nprimarily focused on care in the home, including nursing, hospice,\nrehabilitation, occupational nursing in schools, therapy, and day treatment\ncenter services for medically complex and chronically ill children and adults,\nas well as delivery of enteral nutrition and other products to patients. In\naddition, the Company provides respite healthcare services, which are\ntemporary care provider services provided in relief of the patient’s normal\ncaregiver. The Company’s services are designed to provide a high quality,\nlower cost alternative to prolonged hospitalization.\n\nForward-Looking Statements\n\nCertain matters discussed in this press release constitute forward-looking\nstatements within the meaning of the Private Securities Litigation Reform Act\nof 1995. All statements (other than statements of historical facts) in this\npress release regarding our prospects, plans, financial position, business\nstrategy and expected financial and operational results may constitute\nforward-looking statements. Forward-looking statements generally can be\nidentified by the use of terminology such as “believe,” “expect,”\n“anticipate,” “intend,” “plan,” “estimate,” “seek,”\n“will,” “may,” “should,” “would,” “predict,”\n“project,” “potential,” “continue,” “could,” “design,”\n“guidance,” or the negatives of these terms or variations of them or\nsimilar expressions. These statements are based on certain assumptions that we\nhave made in light of our experience in the industry as well as our\nperceptions of historical trends, current conditions, expected future\ndevelopments and other factors we believe are appropriate in these\ncircumstances. Forward-looking statements involve a number of risks and\nuncertainties that may cause actual results to differ materially from those\nexpressed or implied by such forward-looking statements, including, among\nothers, the risks and uncertainties set forth under the heading “Risk\nFactors” in Aveanna’s Annual Report on Form 10-K for its 2025 fiscal year\nfiled with the SEC on March 19, 2026, which is available at www.sec.gov. In\naddition, these forward-looking statements necessarily depend upon\nassumptions, estimates and dates that may prove to be incorrect or imprecise.\nAccordingly, forward-looking statements included in this press release do not\npurport to be predictions of future events or circumstances, and actual\nresults may differ materially from those expressed by forward-looking\nstatements. All forward-looking statements speak only as of the date made, and\nAveanna undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events or\notherwise, except as required by law.\n\nInvestor Contact\n\nMatt Buckhalter\nChief Financial Officer\nIr@aveanna.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d3896f9e-a6a1-48c1-a8f7-d9ba5d7433d6)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5CH4tY","title":"Aveanna Announces Launch of Secondary Offering of Common Stock","author":"Globe Newswire","ticker":"AVAH","created":"2026-08-20T20:09:27.098Z","tickers":["AVAH"],"exchange":"NASDAQ","article_body":"ATLANTA, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc.\n(NASDAQ: AVAH), a leading, diversified home care platform focused on providing\ncare to medically complex, high-cost patient populations, announced today that\ncertain selling stockholders (the “Selling Stockholders”), including\naffiliates of J.H. Whitney Equity Partners VII, LLC and certain current and\nformer directors and officers of the Company, have commenced a secondary\noffering of 15,000,000 shares of its common stock (the “Offering”).\nCertain affiliates of J.H. Whitney Equity Partners VII, LLC will also grant\nthe underwriter a 30-day option to purchase up to an additional 2,250,000\nshares of the Company’s common stock. The Selling Stockholders will receive\nall of the net proceeds from the Offering. The Company is not offering any\nshares of its common stock in the Offering and will not receive any of the\nproceeds from the sale of the shares offered by the Selling Stockholders.\n\nRBC Capital Markets will serve as the sole book-running manager for the\nOffering.\n\nA shelf registration statement on Form S-3 (including a prospectus) relating\nto these securities has been filed with and declared effective by the\nSecurities and Exchange Commission (the “SEC”). Before you invest, you\nshould read the prospectus in that registration statement, including the\ndocuments incorporated by reference therein, the accompanying prospectus\nsupplement and other documents the Company has filed or will file with the SEC\nfor more complete information about the Company and this Offering. You may get\nthese documents, when available, for free by visiting EDGAR on the SEC website\nat www.sec.gov. Alternatively, copies of the prospectus supplement and the\naccompanying prospectus may also be obtained, when available, by contacting\nRBC Capital Markets, LLC, Attention: Equity Capital Markets, 200 Vesey Street,\n8th Floor, New York, NY 10281 by telephone at (877) 822-4089 by email:\nequityprospectus@rbccm.com.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy nor will there be any sale of these securities in any state or\nother jurisdiction in which such an offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state or jurisdiction.\n\nAbout Aveanna Healthcare\n\nAveanna Healthcare is headquartered in Atlanta, Georgia and has locations in\n39 states providing a broad range of pediatric and adult healthcare services,\nprimarily focused on care in the home, including nursing, hospice,\nrehabilitation, occupational nursing in schools, therapy, and day treatment\ncenter services for medically complex and chronically ill children and adults,\nas well as delivery of enteral nutrition and other products to patients. In\naddition, the Company provides respite healthcare services, which are\ntemporary care provider services provided in relief of the patient’s normal\ncaregiver. The Company’s services are designed to provide a high quality,\nlower cost alternative to prolonged hospitalization.\n\nForward-Looking Statements\n\nCertain matters discussed in this press release constitute forward-looking\nstatements within the meaning of the Private Securities Litigation Reform Act\nof 1995. All statements (other than statements of historical facts) in this\npress release regarding our prospects, plans, financial position, business\nstrategy and expected financial and operational results may constitute\nforward-looking statements. Forward-looking statements generally can be\nidentified by the use of terminology such as “believe,” “expect,”\n“anticipate,” “intend,” “plan,” “estimate,” “seek,”\n“will,” “may,” “should,” “would,” “predict,”\n“project,” “potential,” “continue,” “could,” “design,”\n“guidance,” or the negatives of these terms or variations of them or\nsimilar expressions. These statements are based on certain assumptions that we\nhave made in light of our experience in the industry as well as our\nperceptions of historical trends, current conditions, expected future\ndevelopments and other factors we believe are appropriate in these\ncircumstances. Forward-looking statements involve a number of risks and\nuncertainties that may cause actual results to differ materially from those\nexpressed or implied by such forward-looking statements, including, among\nothers, the risks and uncertainties set forth under the heading “Risk\nFactors” in Aveanna’s Annual Report on Form 10-K for its 2025 fiscal year\nfiled with the SEC on March 19, 2026, which is available at www.sec.gov. In\naddition, these forward-looking statements necessarily depend upon\nassumptions, estimates and dates that may prove to be incorrect or imprecise.\nAccordingly, forward-looking statements included in this press release do not\npurport to be predictions of future events or circumstances, and actual\nresults may differ materially from those expressed by forward-looking\nstatements. All forward-looking statements speak only as of the date made, and\nAveanna undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events or\notherwise, except as required by law.\n\nInvestor Contact\n\nMatt Buckhalter\nChief Financial Officer\nIr@aveanna.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d3896f9e-a6a1-48c1-a8f7-d9ba5d7433d6)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-20T20:09:27.144440539Z","server_sent_at_ms":1787256567144},"received_at":"2026-08-20T20:09:27.195Z","source_url":"https://www.globenewswire.com/news-release/2026/08/20/3348810/0/en/aveanna-announces-launch-of-secondary-offering-of-common-stock.html"},"analysis":{"id":"113416","press_release_id":"124450","analysis_json":{"industry":{"label":"Health Care Providers","sector":"Health Care"},"redFlags":["Secondary offering by major shareholder and insiders creates supply overhang","Company receives zero proceeds from the offering"],"eventType":"offering","narrative":"Selling stockholders, including affiliates of J.H. Whitney Equity Partners and certain company directors and officers, have commenced a secondary offering of 15,000,000 shares of common stock.\n\nAveanna Healthcare is not offering any shares in the Offering and will not receive any of the proceeds; all net proceeds will go to the Selling Stockholders.\n\nRBC Capital Markets is acting as the sole book-running manager, with the underwriter receiving a 30-day option to purchase up to an additional 2,250,000 shares.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Pure secondary by PE/insiders, no proceeds to company—supply overhang risk."},"keyFigures":{"sharesOffered":15000000,"customDimensions":{"greenshoe_shares":2250000}},"quotedText":"","namedEntities":{"people":[{"name":"Matt Buckhalter","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"Aveanna Healthcare Holdings Inc.","ticker":"AVAH"},{"name":"J.H. Whitney Equity Partners VII, LLC","relationship":"selling stockholder"},{"name":"RBC Capital Markets","relationship":"underwriter"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Secondary offering of 15 million shares by major stakeholders including J.H. Whitney and company officers. The company receives no proceeds, creating a pure supply overhang without balance sheet benefit."},"tickerRelevance":{"others":[],"primary":"AVAH"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"secondary_offering","sectorWeight":"healthcare_services"}},"event_type":"offering","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Selling stockholders, including affiliates of J.H. Whitney Equity Partners and certain company directors and officers, have commenced a secondary offering of 15,000,000 shares of common stock.\n\nAveanna Healthcare is not offering any shares in the Offering and will not receive any of the proceeds; all net proceeds will go to the Selling Stockholders.\n\nRBC Capital Markets is acting as the sole book-running manager, with the underwriter receiving a 30-day option to purchase up to an additional 2,250,000 shares.","key_figures":{"sharesOffered":15000000,"customDimensions":{"greenshoe_shares":2250000}},"named_entities":{"people":[{"name":"Matt Buckhalter","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"Aveanna Healthcare Holdings Inc.","ticker":"AVAH"},{"name":"J.H. Whitney Equity Partners VII, LLC","relationship":"selling stockholder"},{"name":"RBC Capital Markets","relationship":"underwriter"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-20T20:37:02.723Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"mid-cap","eventGravity":"secondary_offering","sectorWeight":"healthcare_services"}},"durationMs":322935,"modelName":"glm-4.7"}}