Guardian Pharmacy Services, Inc.

Guardian Pharmacy Services, Inc. (GRDN) priced its initial public offering on Sep 26, 2024 at $14.00 per share, within its $14.00–$16.00 range, raising $112M, and listed on NYSE. At the IPO price its market capitalization was about $869.3M. Raymond James was lead-left underwriter, joined by Truist. Jones Day advised the company and Mayer Brown advised the underwriters.

Guardian Pharmacy Services, Inc. provides technology-enabled pharmacy services that help residents of long-term health care facilities follow their drug regimens. It focuses on individualized dispensing and clinical services for assisted living facilities, behavioral health facilities and group homes.

Status

IPO

Ticker

GRDN

Exchange

NYSE

Priced

Sep 26, 2024

IPO price

$14.00

Price range

$14.00–$16.00

Raised

$112M

Market cap at IPO price

$869.3M

First filed

Oct 3, 2023

Underwriters

Raymond James and Truist

Company counsel

Jones Day

Underwriters' counsel

Mayer Brown

Sector

Consumer

Country / state

GA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.