Business Wire·Dec 4, 2025, 4:15 PM ET

Park Dental Partners, Inc. Announces Closing of Initial Public Offering

Park Dental Partners, Inc. closed its initial public offering of 1,535,000 common stock shares at $13.00 per share.
Trading for the company's common stock began on The Nasdaq Capital Market on December 3, 2025, under the symbol "PARK".
The company received aggregate gross proceeds of approximately $20 million before deducting underwriting discounts, commissions, & offering expenses.
Underwriters were granted a 30-day option to purchase up to an additional 230,250 shares at the public offering price less underwriting discounts.
Northland Capital Markets received a warrant to purchase up to 6% of the total shares sold, exercisable at 120% of the public offering price over a 4.5-year period starting 180 days after closing.
Northland Capital Markets & Craig-Hallum Capital Group LLC served as joint book-running managers for the offering.
A registration statement was filed with the U.S. Securities & Exchange Commission & declared effective on December 2, 2025.
Park Dental Partners provides non-clinical business support to over 200 dentists across 85 practice locations in Minnesota & Wisconsin.
The company's network offers comprehensive services including clinical support, administrative personnel, facilities, technology, revenue cycle management, & various dental specialties.