** Mental healthcare provider LifeStance Health LFST.O shares down 9.6% premarket at $6.70 after secondary offering priced

** Scottsdale, Arizona-based LFST late Weds said c ertain holders to part with 25 mln shares, with co to repurchase 7 mln offering shares from sole underwriter JP Morgan

** Offering priced at $7.04, per thefly.com, a 5% discount to stock's last close

** Buyout firm TPG TPG.O, co's largest investor with ~160.7 mln shares, offloaded ~20.7 mln shares, while private equity firm Summit Partners sold ~4.3 mln shares, per the prospectus

** Co has ~389.8 mln shares outstanding

** LFST shares on Weds closed up nearly 4% after co posted Q4 rev beat and forecast 2026 rev above expectations

** Stock up 5% YTD through last close

** Avg rating of 11 analysts is "buy"; median PT $10, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))