September 28, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

Definitive Healthcare prices IPO at $27, above range

Definitive Healthcare Corp. DH, -0.68% said late Tuesday it priced its initial public offering at $27 a share, selling more than 15 million shares above an expected range between $21 and $24 a share. The shares are slated to begin trading on the Nasdaq under the ticker symbol DH on Wednesday. Underwriters including Goldman Sachs and JPMorgan have a 30-day option to buy an additional 2.3 million shares at the IPO price. Definitive provides a healthcare commercial intelligence and analytics platform and its IPO is part of a busy week for launches, with 2021 poised to be the biggest year ever for IPO proceeds.

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