Boston-based telehealth company Amwell Health announced it received notice from the New York Stock Exchange (NYSE) that it has fallen out of compliance with NYSE’s minimum stock price requirement.
The listing criteria requires a company’s stock price to be over $1 for 30 consecutive days. Amwell was trading at $0.74 per share at the time this article was published. The company's stock last...
Fitbit Surge
San Francisco-based Fitbit disclosed in an amended SEC filing that it plans to price its shares between $14 to $16 and raise up to $358 million in its imminent IPO. Fitbit will debut as “FIT” on the New York Stock Exchange.
The company's directors, executive officers, and significant stockholders will hold around 51.9 percent of Fitbit's capital stock. Fitbit will sell 22.4...
Castlight Health, which is expected to debut on the New York Stock Exchange this coming Friday, just filed another update to its IPO filing with the SEC and now the company is looking to raise looks to raise more than $191 million in total. The company raised the price of its IPO range to $13 to $15 a share up from its previous expected range of $9 to $11.
The company is offering 11.1 million...
