OPEN MINDS The Behavioral Health Industry Analyst
Horizon Mental Health Management, Inc., a contract manager of mental health programs located in Denton, Texas, offered stock for public exchange effective March 13, 1995. Horizon offered 2,080,000 to the public, 1,312,233 from Horizon and 758, 767 from a selling shareholder for a price of $10.00 per share. On March 20, 1995, Horizon completed the public offering, issued the stock, and received net proceeds of $12,287,467.
As of August 18, 1995, Horizon had . . .