Dallas, Texas-based video visits company Teladoc has updated its IPO filing, which now discloses that the company plans to raise $119 million in its IPO, if it is priced at the high end of its range. Teladoc will price its shares between $15 and $17. Its underwriters could raise up to an additional nearly $18 million, making for an IPO valued at as much as $136.9 million.
The company plans to ...
In late April news broke that remote visits company Teladoc had taken the first steps toward filing for an IPO, but the initial filing was private. Over the weekend the first public draft of its S-1 filing was published to the SEC's site, revealing a bevy metrics about the private company, including its financial performance to date and details surrounding the acquisitions it has made in the past...