The Well being Well being goals to lift as much as 437 million US {dollars} within the IPO

Co -founder of the Health Health Gabriel Mecklenburg (left) and Daniel Perez (right).

With the kind permission of hinge health

Hinge Health said in a registration on Tuesday that it would like to contribute up to 437 million US dollars in its upcoming IPO.

The startup for digital physiotherapy submitted its initial prospectus in March and updated the document with an expected price range for its class A regular shares of $ 28 to 32 per share. Hinge said it planned to sell around 13.7 million shares on offer.

Based on the number of class A and B shares outstanding according to the offer, the company would appreciate the company in the middle of the area to 2.42 billion US dollars, although this number could be higher on a fully diluted basis.

The hinge, founded in 2014, uses software to help patients treat acute violations of the musculoskeletal system, carry out chronic pain and rehabilitation rehabilitation after the operation. The company was co -founded by CEO Daniel Perez and the chairman of the managing director Gabriel Mecklenburg, who had both personal battles with physical rehabilitation.

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Three weeks after submitting his first brochure, President Donald Trump announced a comprehensive tariff policy that brought the US markets in turbulence. This volatility has led to several companies, including online creditors Klarna and Ticketmarkt Stubhub, delay their long-awaited IPO.

The hanging falls anyway and a second startup for digital health, the virtual chronic company, Omada Health, submitted to the stock exchange on Friday. Both stock exchanges are observed closely by the digital health sector, which has not been of public offers since 2021.

In the first quarter, Hainde said that sales rose by 50% to $ 123.8 million, compared to USD 82.7 million in the same period of the previous year. In the fourth quarter, it recorded sales of $ 117.3 million, which rose by 44% of the same period in 2023.

The company plans to act on the New York stock exchange under the ticker symbol “Hnge”.

Hain collected more than 1 billion US dollars by investors, including Tiger Global Management and Coatue Management, and in October 2021 an assessment of $ 6.2 billion, the last time the company collected outside of the financing. The largest institutional shareholders are venture companies Insight Partners and Atomico, who, according to his prospectus, have 19% or 15% of shares.

REGARD: IPO window is probably open in the first half of 2026: Pitchbook