The Toronto-based digital wellness platform, which filed to go public Monday, said it expects to price shares between $9 and $12 each. (The Logic)
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The Toronto-based digital wellness platform, which filed to go public Monday, said it expects to price shares between $9 and $12 each. (The Logic)
Talking point: The offering would give the company a market capitalization of $495.6 million at the midpoint share-price range. LifeSpeak’s filing follows a number of tech firms turning to the public markets. On Tuesday, VerticalScope, a Toronto-based digital-media company, debuted on the TSX after upsizing its offering from $100 million to $125 million. Its shares closed lower Wednesday, but were still above its IPO price. Other recent filings include Q4 and Anaergia. The markets haven’t been welcoming to all tech firms, though, and some have shelved their IPO plans amid an uncertain market.
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