Sonida Senior Living has filed a prospectus for an offering of 17.109M common shares on behalf of selling shareholders. The company will not receive any proceeds from the sale of these shares. The offering is being conducted through a registration statement filed with the US Securities and Exchange Commission.

The prospectus details the terms of the offering, which involves the sale of existing shares by certain shareholders. Sonida Senior Living clarified that it is not issuing new shares and will not benefit financially from the transaction. The shares are being offered pursuant to a registration statement on Form S-3.

The selling shareholders named in the prospectus are responsible for the shares being offered. The company has stated that the number of shares offered may be adjusted based on market conditions. The filing provides full disclosure regarding the identity of the selling shareholders and the nature of their holdings.

The following table outlines the key details of the offering:

The prospectus includes risk factors and other information relevant to potential investors. Sonida Senior Living has emphasized that the offering is solely for the benefit of the selling shareholders and does not involve any capital raise for the company itself.