Latham & Watkins Advises on RadNet’s US$230.2 Million Public Offering of Common Stock

RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, has announced the closing of its underwritten public offering of 5,232,500 shares of its common stock at a price to the public of US$44.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to 682,500 additional shares of its common stock. The gross proceeds to RadNet from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are approximately US$230.2 million.

Latham & Watkins LLP represented the underwriters in the offering with a New York capital markets team led by partners Marc Jaffe, Ian Schuman, and Alison Haggerty.