Park Dental Partners, Inc. Announces Pricing of Initial Public Offering
Park Dental PartnersPark Dental Partners(US:PARK) Businesswire·2025-12-02 22:01

Core Viewpoint - Park Dental Partners, Inc. has announced the pricing of its initial public offering (IPO) at $13.00 per share, aiming to raise approximately $20 million in gross proceeds before expenses [1][2]. Group 1: IPO Details - The IPO consists of 1,535,000 shares, with an additional 230,250 shares available for underwriters to purchase within 30 days at the public offering price [1]. - The offering is expected to close on December 4, 2025, pending customary closing conditions, and shares will begin trading on The Nasdaq Capital Market under the ticker symbol "PARK" on December 3, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the IPO will be utilized for general corporate purposes, which may include acquisitions, capital expenditures, working capital, and debt repayment [2]. Group 3: Company Overview - Park Dental Partners is a dental resource organization providing non-clinical business support services to affiliated dental practices in Minnesota and Wisconsin [6]. - The organization supports over 200 dentists across 85 practice locations, offering a wide range of dental services including oral surgery, periodontics, pediatric dentistry, and orthodontics [7].