NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthStream, Inc. (“HealthStream”) (NASDAQ: HSTM), announced today that it has commenced an underwritten public offering of 3,100,000 shares of its common stock. The underwriters will have a 30-day option to purchase up to an additional 465,000 shares from HealthStream. HealthStream intends to use $28.0 million of the net proceeds from the offering to repay all of its outstanding revolving credit facility borrowings and the remaining net proceeds for general
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