HEALTH Virtual Health Program.
Courtesy: Health Via
Viath Health set his opi to $ 19 per share on Thursday, in the middle of the expected range.
The virtual chronic attention company said in a press release that 7.9 million shares are being sold in the offer, worth $ 150 million.
Viada, founded in 2012, will be negotiated in the Nasdaq under the “OMDA” Ticker symbol. The company presented its initial prospect in May and updated the document with an expected price range from $ 18 to $ 20 per share.
At the price of the opi, Votes is worth approximately $ 1.1 billion, although that number could be higher at a completely diluted base. That is just around its private market assessment of 2022, when OMADA announced a financing round of $ 192 million that pushed its valuation above $ 1 billion.
The US risk partners, Andreessen Horowitz and FMR LLC of Fidelity are the company's largest external shareholders, each one has between 9% and 10% of the shares.
Omada offers virtual care programs to support patients with chronic conditions such as prediabetes, diabetes and hypertension. Sean Duffy, CEO of Vot, co -founded the company with Andrew Dimichele and Adrian James, who have moved to other companies.
It is the second outpost with digital health in a matter of weeks after a long drought for the industry. The digital physiotherapy startup was debuted in the New York Stock Exchange in May.
The IPO de Tech market has been showing signs of life, with Hinge as one of the latest offers. On Thursday, Crypto Company shares Circular Internet He shot 168% in his debut in the New York Stock Exchange. The Fintech Etoro company began to quote last month, and Chime Financial, which offers online banking services, will arrive on the market next week.
Voting revenues increased 57% in their first quarter to $ 55 million of $ 35.1 million a year before, according to their prospect. By 2024, income increased 38% to $ 169.8 million of $ 122.8 million the previous year.
The company's net loss was reduced to $ 9.4 million in the first quarter of $ 19 million a year ago.
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