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LifeStance Health Group Priced, Nasdaq: LFST

Provides outpatient mental health services.

Industry: Health Care

Latest Trade: $6.20 0.00 (0.0%)

First Day Return: +21.7%

Return from IPO: -65.6%

Industry: Health Care

Our vision is a truly healthy society where mental and physical healthcare are unified to make lives better. Our mission is to help people lead healthier, more fulfilling lives by improving access to trusted, affordable and personalized mental health care. To fulfill this mission, we have built one of the nation’s largest outpatient mental health platforms based on number of clinicians and geographic scale. We are dedicated to improving the lives of our patients by reimagining mental health through a disruptive, tech-enabled in-person and virtual care delivery model built to expand access and affordability, improve outcomes and lower overall health care costs. We combine a personalized, digitally-powered patient experience with differentiated clinical capabilities and in-network insurance relationships to fundamentally transform patient access to mental health treatment. By revolutionizing the way mental health care is delivered, we believe we have an opportunity to improve the lives and health of millions of individuals. We employed over 3,300 licensed mental health clinicians through our subsidiaries and affiliated practices across 73 MSAs in 27 states as of March 31, 2021. Our clinicians offer patients a comprehensive suite of mental health services, spanning psychiatric evaluations and treatment, psychological and neuropsychological testing, and individual, family and group therapy.
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IPO Data
IPO File Date 05/17/2021
Offer Price $18.00
Price Range $15.00 - $17.00
Offer Shares (mm) 40.0
Deal Size ($mm) $720
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/09/2021
Offer Price $18.00
Price Range $15.00 - $17.00
Offer Shares (mm) 40.0
Deal Size ($mm) $720
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Goldman Sachs
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Company Data
Headquarters Scottsdale, AZ, United States
Founded 2017
Employees 4,915
Website www.lifestance.com

LifeStance Health Group (LFST) Performance