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Omada Health aims to go public with market cap of up to $1.1 billion

Omada Health smart devices in use.Courtesy: Omada HealthOmada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this month, and has just updated the filing with an expected pricing range of $18 to $20 per share. Omada said it plans to sell 7.9 million shares in the offering.The size of the offering and sha...

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