NAVA HEALTH MD is planning to raise $18 million in an initial public offering Dec. 16, ETF Daily News reports. The company will issue 3 million shares at a price of $5-$7 per share.
In the last 12 months, NAVA HEALTH MD generated $9.3 million in revenue and $80,000 in net income. The company has a market-cap of $87 million.
WestPark Capital served as the underwriter for the IPO.
Nava is a vertically integrated tech-enabled healthcare practice combining traditional, functional, holistic and regenerative medicine. Read more.
