ATI Physical Therapy Closes $26 Million 8% Second Lien PIK Convertible Note Financing

DOWNERS GROVE, Ill., March 4, 2025 /PRNewswire/ -- ATI Physical Therapy, Inc. (OTCMKTS: ATIP) ("ATI" or the "Company"), a nationally recognized outpatient physical therapy provider in the United States, announced today that on March 3, 2025, it closed a $26 million 8% second lien PIK convertible note financing."This new financing is a critical step in fortifying our financial foundation and positioning us to execute on our strategic vision," said Sharon Vitti, Chief Executive Officer.Pursuant to the financi ...