Green Touch Builders | Md. health-tech firm going public next week with plans to raise $613 million
22382
post-template-default,single,single-post,postid-22382,single-format-standard,ajax_fade,page_not_loaded,,select-theme-ver-3.8.1,wpb-js-composer js-comp-ver-6.1,vc_responsive
February 6, 2015 By SEO Admin

Md. health-tech firm going public next week with plans to raise $613 million

Inovalon Holdings Inc., a Maryland health-tech company with a focus on data analytics, is scheduled to go public next week in an offering expected to raise up to $613 million.

That’s up from the $500 million the Bowie company originally estimated when it first filed to go public Dec. 30. The company, in its amended Jan. 29 filing, said it will offer 22.2 million shares of common stock at an estimated price of $20 to $24 per share.

Goldman Sachs Inc., Morgan Stanley and Citigroup are the lead underwriters…