Recent Updates
Recently added Catalysts
OPCH

BIOSCRIP

Key Takeaway: COMPLETES PUBLIC OFFERING OF COMMON STOCK June 22, 2016 - BioScrip, Inc. (NASDAQ: BIOS) (the "Company" or "BioScrip") announced today that it has completed its previously announced underwritten public offering (the "Offering") of 45,200,000 shares of its common stock, includin

Full Press Release Details

COMPLETES PUBLIC OFFERING OF COMMON STOCK
June 22, 2016 - BioScrip, Inc. (NASDAQ: BIOS) (the "Company" or "BioScrip") announced today that
it has completed its previously announced underwritten public offering (the "Offering") of 45,200,000 shares of its
common stock, including 5,200,000 shares of common stock issued upon full exercise of the underwriters' over-allotment option,
at a public offering price of $2.00 per share. The Offering resulted in net proceeds of approximately $83.15 million, after deducting
underwriting discounts and commissions and offering expenses. Jefferies LLC acted as the lead joint book-running manager, SunTrust
Robinson Humphrey, Inc. acted as a passive book-running manager and Craig-Hallum Capital Group LLC acted as a co-manager.
intends to use the net proceeds from the Offering in the following order of priority: (i) to fund the cash portion of the previously
announced proposed acquisition of substantially all the assets of HS Infusion Holdings, Inc. (the "Transaction") and
pay fees and expenses in connection with the Transaction, (ii) to repay a portion of our outstanding borrowings under its revolving
credit facility and (iii) for general corporate purposes. If the Transaction is not completed, we intend to use any net proceeds
from the Offering (i) to repay a portion of our outstanding borrowings under our revolving credit facility and (ii) for general
is being made pursuant to a registration statement previously filed and declared effective by the Securities and Exchange Commission
(the "SEC"). A preliminary and final prospectus supplement and accompanying prospectus relating to the offering have
been filed with the SEC and are available on the SEC's website at http://www.sec.gov. Copies of the final prospectus supplement
and accompanying prospectus relating to the Offering may also be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus
Department, 520 Madison Avenue, 12th Floor, New York, New York, 10022, Telephone: 877-547-6340, Email: Prospectus_Department@Jefferies.com.
release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there
be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state or jurisdiction.
About BioScrip, Inc.
is a leading national provider of infusion and home care management solutions. BioScrip partners with physicians, hospital systems,
skilled nursing facilities, healthcare payors, and pharmaceutical manufacturers to provide patients access to post-acute care
services. BioScrip operates with a commitment to bring customer-focused pharmacy and related healthcare infusion therapy services
into the home or alternate-site setting. By collaborating with the full spectrum of healthcare professionals and the patient,
BioScrip provides cost-effective care that is driven by clinical excellence, customer service, and values that promote positive
outcomes and an enhanced quality of life for those it serves.
Forward-Looking Statements -
press release includes statements that may constitute "forward-looking statements," that involve substantial risks
and uncertainties. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. In
some cases, forward-looking statements can be identified by words such as "may," "should," "could,"
"anticipate," "estimate," "expect," "project," "intend," "plan," "believe,"
"predict," "potential," "continue" or comparable terms. These forward-looking statements
include, among others, statements about the Company's expectations with respect to the intended use of proceeds from the
Offering. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause
actual results to be materially different from any results expressed or implied by such forward-looking statements. For example,
there are risks associated with the Transaction, market conditions, as well as the risks described in the
prospectus supplement and the Company's periodic filings with the Securities and Exchange Commission,
including, but not limited to, the Company's annual report on Form 10-K for the year ended December 31, 2015. The Company
does not undertake any duty to update these forward-looking statements after the date hereof, even though the Company's
situation may change in the future. All of the forward-looking statements herein are qualified by these cautionary
For Further Information:
BioScrip Chief Financial Officer
(303) 766-4343 or (303) 518-7100
Last updated: Jun 22, 2016