Digital health startup Hinge Health said on Tuesday it is targeting a valuation of up to $2.6 billion in its initial public offering on the New York Stock Exchange, signaling a thawing IPO market after recent market volatility. Financial markets have regained footing in recent weeks as the de-escalation of U.S.-China trade tensions has rekindled expectations for a resurgence in dealmaking activity. The San Francisco, California-based company, along with existing stockholders, plans to raise over $437 million by offering 13.7 million shares priced between $28 and $32 each.
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Source: https://finance.yahoo.com/news/hinge-health-targets-2-6-104624261.html