#United States #Exchange Offer #Kroll #Plantation #Akumin

Akumin Inc. Exchange Offer Results

On February 19, 2026, Akumin Inc. revealed the conclusive results of its recent exchange offer concerning Old Notes. This announcement comes from Kroll Issuer Services, the trusted agent overseeing the exchange process. The company highlighted the strong backing from its investors during this endeavor, showcasing confidence in its financial strategy.

As of the specified expiration time—February 18, 2026, at 5:00 PM New York City time—Akumin saw unprecedented participation. Holders of a total of $436,222,000 in principal amount of its 2027 Notes (representing a full 100% of those outstanding) and approximately $354,483,000 in principal amount of its 2028 Notes (accounting for 99.97%) took part in the exchange.

The mechanics of the exchange offer allowed eligible holders of the Old Notes to tender them for an equal principal amount of New Notes. Specifically, for each $1.00 in principal of the Old Notes that was effectively tendered before the expiration time, holders will receive a corresponding $1.00 in principal of New Notes, in addition to cash for any accrued and unpaid interest on the Old Notes from their last interest payment until the settlement date, anticipated to be on February 23, 2026. Notably, Akumin reserves the right to adjust this settlement date at its discretion, adhering to applicable securities law regulations and the terms outlined in a Support Agreement with certain noteholders.

The exchange offer received requisite consents for the Proposed Amendments, which Akumin reported successfully. Following that amendment approval, the company confirmed the execution of a Supplemental Indenture for each series of the Old Notes, ensuring the transaction's legitimacy and compliance with regulatory requirements.

It’s essential to note that the New Notes, under this exchange offer, are not going to be registered as per the provisions of the Securities Act of 1933, which implies restrictions on transfers and resales. Investors engaging in this exchange should prepare for potential long-term financial exposure until the New Notes can be adequately transferred or resold.

Akumin has engaged Kroll Issuer Services (US) as both the Exchange and Information Agent for this operation. Additionally, legal matters surrounding the exchange were overseen by Sidley Austin LLP, while Akin Gump Strauss Hauer & Feld LLP represented certain supporting holders.

About Akumin

Akumin Inc. stands out as a prominent healthcare provider in the United States, specializing in advanced imaging and radiation oncology services. The company is dedicated to improving patient care and ensuring rapid access to critical diagnostics and treatments. With an extensive network comprising one of the largest fixed-site radiology centers in the country, alongside mobile imaging and oncology services, Akumin serves millions of patients annually. Partnerships with over 800 hospitals and physician groups further enhance its reach and efficacy, demonstrating its operational expertise combined with advanced technology. By fostering innovation and collaboration, Akumin is committed to shaping the future of patient-focused care. For further information, interested parties can visit www.akumin.com.

Looking Ahead

As the company moves forward, Akumin’s strategic decisions will cater to investment safety while stimulating growth in the healthcare sector. By embracing innovative approaches, Akumin aims to not only capture market trends but also respond adeptly to consumer health demands. The company's proactive steps reflect its commitment to shareholder value and sustained excellence in the medical field, reassuring stakeholders of its long-term vision and operational integrity. Akumin remains focused on aligning its financial strategies with the overall goal of enhancing community health services.

In light of evolving market conditions, Akumin displays a robust framework designed to navigate challenges, thereby fortifying its position as a leading healthcare provider. Future communications and developments are expected as the firm continues to foster strategic partnerships and expand its service offerings.