In the NASDAQ’s debut OMADA stock open at $ 23 after the company IPO

CEO Omada Health Sean Dafa on IPO -Debut: Today we need a moment

Amada’s health On Friday, more than 40% jumped in NASDAQ’s debut after virtual chronic aid for a $ 19 stock price per share in its IPO.

The shares opened at $ 23 and rapidly traded for $ 27.

The company said in press -release At the end of Thursday, he sold 7.9 million shares in the proposal, making about $ 150 million. Prices were at the center of the expected range and estimated a company of just over $ 1 billion, although this number may be higher on a fully diluted basis.

Amada, founded in 2012, is traded under the character of Ticker “Omda”. The company offers virtual assistance programs to support patients with chronic diseases such as prediabetes, diabetes and hypertension. Sean Dafa, CEO of Omada, founded the company from Andrew Dimicle and Adrian James, who both moved to other enterprises.

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This is the second digital public public proposal for healthcare a few weeks after a long drought for this industry. Digital Physiotherapy Running Make health He made his debut on the New York Stock Exchange in May. Currently, Hinge is traded at $ 38.50 after sale in IPO for $ 32.

The Tech IPO market demonstrates signs of life as Hinge is one of the latest sentences. On Thursday’s stock Crypto Company Circles on the Internet It has resumed 168% in the NYSE debut. Fintech Company Etoro started trading last month, and Chime Financial, which offers Internet -bank services, there are set To enter the market next week.

“Today we need a moment,” CNBC saidBox for Squawk“Friday.

According to the prospectus, Abad’s profit increased by 57% in the first quarter to $ 55 million from $ 35.1 million a year earlier. In 2024, the proceeds rose by 38% to $ 169.8 million from $ 122.8 million last year. The net loss of the company in the first quarter narrowed to $ 9.4 million from $ 19 million a year ago.

US companies Venture Partners, Andressen Horowitz and Fidelity’s FMR LLC are the largest external shareholders of the company, each owned by 9% to 10%.

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