Cue Health Inc. has placed 12 500 000 shares of common stock in an IPO priced $16 per share, which corresponds to the midpoint of the previously announced range ($15-17). Besides, Cue Health has granted the underwriters a 30-days option to purchase up to 1 875 000 shares at the public offering price.
The trading debut will take place on the Nasdaq Global Select Market on September 24, 2021 under the ticker symbol “HLTH”.