Omada Health Set to Debut on Nasdaq Friday After Pricing IPO in Middle of Range

Shares of Omada Health are expected to begin trading on the Nasdaq on Friday after the virtual chronic care firm priced its initial public offering (IPO) in the middle of its expected range.

San Francisco-based Omada Health on Thursday priced its offering of 7.9 million shares at $19 each. On May 29, the company said in a regulatory filing that it expected the IPO price would be between $18 and $20 each.

Omada Health, which calls itself "the virtual between-visit healthcare provider," added that it had granted underwriters a 30-day option to buy up to an additional 1.185 million shares at the IPO price.

Shares are set to begin trading on the Nasdaq today under the ticker symbol "OMDA."

On Thursday, shares of USDC stablecoin issuer Circle Internet Group (CRCL) soared 168% in their debut on the New York Stock Exchange (NYSE).

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