financetom
Business
financetom
/
Business
/
Hinge Health Prices Initial Public Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hinge Health Prices Initial Public Offering
May 26, 2025 12:18 PM

04:29 AM EDT, 05/22/2025 (MT Newswires) -- Hinge Health said late Wednesday it priced its initial public offering of about 13.7 million class A common shares at $32 each.

The digital health firm is offering roughly 8.5 million of the shares, with the rest offered by certain selling stockholders. The company said the selling stockholders have granted a 30-day overallotment option to the underwriters to acquire up to 2 million additional shares.

Hinge Health said it plans to use substantially all its net proceeds to satisfy tax withholding and remittance obligations.

The company expects the shares to start trading on the New York Stock Exchange under the ticker symbol HNGE Thursday, while the IPO is expected to close Friday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved