1,100,000 Shares AdCare Health Systems, Inc. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • March 27th, 2012 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Florida
AdCare Health Systems, Inc., an Ohio corporation (the “Company”), proposes to sell to you (the “Underwriter”), 1,100,000 shares (the “Firm Shares”) of the Company’s common stock, no par value (the “Common Stock”). The Company also proposes to sell, at the Underwriter’s option (the “Over-allotment Option”), an aggregate of up to 165,000 additional shares of Common Stock (the “Option Shares”) as provided herein. The Firm Shares and the Option Shares (to the extent the aforementioned option is exercised) are hereinafter collectively referred to as the “Shares.”
