Reported about 21 hours ago
Omada Health Inc. successfully raised $150 million in its initial public offering, with shares closing at $23, marking a 21% increase from the IPO price of $19. The San Francisco-based digital health company, which focuses on managing chronic conditions through virtual care, had a strong debut with a market valuation of $1.3 billion. This IPO adds momentum to the growing trend of first-time share sales in the U.S., which have raised nearly $25 billion this year.
Source: YAHOO