initial public offering

A stock exchange board.
By  Roy Chiang 10:19 pm March 25, 2021
South Korean medical AI company made its debut on KOSDAQ, a trading board of Korea Exchange, for an IPO of 37.8 billion won ($33.6 million) by issuing 1.8 million shares. WHY IT MATTERS The company had accumulated an operating deficit of 7 billion won ($6.2 million) by the third quarter of 2020, and the funds will be a much needed injection of cash. Vuno plans to invest in research and...
The company upwardly revised its IPO twice since filing with the SEC last month.
By  Mallory Hackett 11:32 am February 11, 2021
Value-based healthcare platform Signify Health is making its debut on the New York Stock Exchange today with an initial public offering of 23,500,000 shares of its Class A common stock at $24 per share. The company upwardly revised its IPO twice since filing with the Securities and Exchange Commission last month. It originally planned to offer 23.5 million shares priced between $17 and $19, and...
It offers direct-to-consumer health plans that seek out and guide members toward optimal and cost-effective care options.
By  Mallory Hackett 12:17 pm December 22, 2020
Insurtech company Oscar has confidentially filed to go public, it announced Monday. The New York City-based startup submitted a draft registration statement for its proposed initial public offering to the U.S. Securities and Exchange Commission, but the size and price range for the IPO has yet to be determined. Oscar must now wait for the completion of the SEC review process before its IPO can be...
By  Dave Muoio 03:19 pm March 2, 2020
Health-benefits navigation platform Accolade announced on Friday the filing of its S-1 with the US Securities and Exchange Commission, making it the next digital-health company in line to join the public markets. Accolade has set a $100 million maximum aggregate offering price to calculate its registration fee, but has not yet locked down the price and volume of its share offering. The Seattle-...
By  Jonah Comstock 02:17 pm June 24, 2019
Evidence is mounting that 2019 is going to be the year of the digital health IPO, and the latest to run up that flag is Phreesia, a digitial health company that has been quietly innovating in the patient check-in space for more than a decade. New York City-based Phreesia announced today the filing of its S-1 form with the SEC, though the number of shares being offered and their initial value are...
By  Dave Muoio 05:18 pm October 5, 2017
Digital physical therapy, telehealth, and patient engagement platform Physitrack will seek public listing on alternative stock exchange Nasdaq First North during the first quarter of 2018, cofounder and CEO Henrik Molin told MobiHealthNews this week. The company has not yet set the terms of this IPO, but said in a statement that it plans to use the offering to fund further expansion into new...
By  Jonah Comstock 12:43 pm May 9, 2016
NantHealth, the digital health wing of Dr. Patrick Soon-Shiong's NantWorks portfolio of companies, has registered for an initial public offering. The filing was for a $92 million IPO, which seems quite low for a company that regularly secured nine-figure investments, but is likely just a placeholder. NantHealth has raised at least $680 million from investors that include Allscripts, Blackberry,...
By  Brian Dolan 05:12 pm May 7, 2015
One of the first companies in the connected fitness wearables market, San Francisco-based Fitbit, has registered for an initial public offering. While the company included a placeholder figure of $100 million for what it hopes to raise, the SEC filing is chock full of financial data for the company, which is turning an impressive profit, as well as other performance data like active users and...
By  Jonah Comstock 08:34 am April 29, 2015
Teladoc, a large and fast-growing video visits company based in Dallas, Texas, has taken the first step toward filing an initial public offering, according to a statement from the company. Teladoc filed a confidential S-1 form with the SEC and expressed an intention to file an IPO following the SEC's review process. The Deal had the scoop about a month ago from three investment bankers, one of ...
By  Brian Dolan 08:03 am March 3, 2014
Castlight Health looks to raise about $111 million in its IPO, according to an updated SEC filing. The company is offering 11.1 million shares in the IPO and its underwriters have the option to purchase an additional 1.65 million shares. The stock will be listed on the New York Stock Exchange under the symbol "CSLT". While Castlight recorded revenues of $1.9 million, $4.2 million and $13.0...