Nava Well being Launches IPO of 2M Widespread Shares

By Sabela Ojea

 
Nava Well being MD is launching an preliminary public providing of two million shares of frequent inventory, the integrative well being firm stated in a Securities and Alternate Fee submitting Monday.
 
The corporate, which additionally registered a further 1.02 million shares of frequent inventory held by promoting stockholders, stated the value per share of the IPO will likely be between $5 and $7.
      

       
The corporate has utilized to listing its shares on the Nasdaq Capital Market underneath the image NAVA.
 
The precise public providing value per share will likely be decided between Nava Well being and the underwriters on the time of pricing, Nava added.
 
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix