The GV-backed primary care membership service floated at the bottom of its range but garnered a valution of more than $1.7bn.
One Medical, a US-based primary healthcare provider backed by internet technology conglomerate Alphabet, is going public today in a $245m initial public offering on the Nasdaq Global Select Market.
The IPO consists of 17.5 million shares priced at $14.00 each, at the foot of its $14 to $16 range, valuing One Medical at approximately $1.72bn. The underwriters have a 30-day option to acquire almost 2.63 million shares more which would raise the size of the offering to just short of…
