Tech Company Inital Public Offerings
NantHealth IPO
Headquartered in El Segundo, NantHealth is now a public company.
Transaction Overview
Company Name
Announced On
6/2/2016
Transaction Type
IPO
Amount
$91,000,000
Proceeds Purpose
The principal purposes of this offering are to obtain additional capital to support our operations, establish a public market for our common stock and facilitate our future access to the public capital markets. More specifically, we anticipate that we will use the net proceeds from this offering, together with our existing cash, for general corporate purposes, including to pay approximately $9.0 million to cover withholding taxes for the issuance of common stock to holders of phantom units that vest in connection with this offering under our Phantom Unit Plan (assuming the midpoint of the range set forth on the cover page of this prospectus), commercialize new solutions and product extensions and potentially pursue targeted acquisitions. We may use a portion of the net proceeds from this offering and our existing cash and cash equivalents to in-license, acquire or invest in complementary business, technologies, products or assets. However, we have no current plans, commitments or oblig
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
2040 E Mariposa Ave.
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Website
Email Address
Overview
NANTHEALTH (Nasadaq: NH) solutions are advancing diagnostics to better identify and target specific disease characteristics; transforming clinical delivery with clinical data and promoting wellness for a healthier, happier world.
Management Team
Title
Name
Email & Social
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