Friday, July 11, 2025

Creating liberating content

A consistent alteration in bowel movement (Diarrhea or Constipation) frequency

Access Denied You don’t have permission to access ” on

Related News

A consistent alteration in bowel movement (Diarrhea or Constipation) frequency should raise concerns for you. While diarrhea includes passing more frequent watery stools than normal, constipation refers to having stools

The X logo on a phone. Nurphoto | Nurphoto | Getty Images When xAI’s Grok 4 chatbot was launched on Wednesday, users and media outlets quickly began pointing out examples

The bank has been gathering client input regarding potential modifications to its GBI-EM Global Diversified index. (AI image) JPMorgan Chase & Co. is evaluating potential adjustments to its primary emerging-market

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1752215691.16ea1cd4 Source link

As our beloved pets age, their needs change with time, and it is essential to adapt to those changes to ensure that they live a long, healthy, and happy life.

(Picture source: Axiom-4) As Indian Air Force Group Captain Shubhanshu Shukla, part of the Axiom-4 (Ax-4) private space mission, prepares to return to Earth on July 14, the crew spent

Trending News

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1752215691.16ea1cd4 Source link

Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its

Market movements are expected to be influenced by India-US trade negotiations and company earnings reports. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened

US President Donald Trump announced a 35 per cent tariff on Canadian imports, effective August 1. The decision was conveyed in a letter to Canadian Prime Minister Mark Carney on

NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro (nearly $1.8 billion) capital raise, where Bharti Space is committing 150 million euro ($176 million), in a move that arms

Bengaluru: TCS marked its first year-on-year decline in constant currency since the Sept quarter of FY21, with lacklustre performance attributed to weak macroeconomic conditions, cautious client sentiment, delayed decision-making, and

Hinge Health prices IPO at $32, the top end of expected range

Word Count: 363 | Estimated Reading Time: 2 minutes


Hinge Health’s TrueMotion feature.

Courtesy: Hinge Health

Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range.

The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold by existing shareholders.

Hinge, founded in 2014, will trade on the New York Stock Exchange under the ticker symbol “HNGE.” The company filed its initial prospectus in March and updated the document earlier this month with an expected pricing range of $28 to $32.

At the IPO price, Hinge Health is worth about $2.6 billion, though that number could be higher on a fully diluted basis. That’s down significantly from a private market valuation of $6.2 billion in October 2021, the last time the company raised outside funding.

The company uses software to help patients treat acute musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. It was co-founded by CEO Daniel Perez and Executive Chairman Gabriel Mecklenburg, who have both experienced personal struggles with physical rehabilitation.

Revenue in the first quarter increased 50% to $123.8 million from $82.7 million a year ago. Hinge reported net income for the period of $17.1 million, swinging from a net loss of $26.5 million in the same period last year.

Hinge’s IPO will be closely watched by the digital health sector, which has been mostly devoid of public offerings since 2021. Digital health has been a particularly tough market over the last few years as companies have struggled to recover from a post-Covid slowdown.

Tech IPOs broadly have been few and far between of late. But there are signs that activity is picking up. Shares of stock brokerage platform eToro popped in their market debut last Wednesday, and artificial intelligence infrastructure provider CoreWeave reported 420% revenue growth, topping estimates and sparking a 56% rally in the stock last week.

Hinge has raised more than $1 billion from investors including Tiger Global Management and Coatue Management.

“We have many decades of work ahead,” Perez wrote in a letter to investors in March. “We hope you join us on this journey.”

WATCH: IPO market will pause for summer and pickup second half of Q3, says Axios’ Dan Primack

IPO market will pause for summer and pickup second half of Q3, says Axios' Dan Primack



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account