RE:What does the market know not revealed in the Prospectus??Lets paint a picture for you and other readers:
Up until they IPOed, they lost $79.6M historically, had only $20M of revenues to show for it and expenses of $30M such that they lost ONLY $10M in that 12 month period reported in the "Financial Statements of RTO acquirer" posted to SEDAR on January 28, 2021 (p.4 and 5).
When your expenses vastly exceed your revenues, business cannot be sustained without debt or equity raises.
Cue the IPO where they raised $33M, used $18M of it to pay off their debts including redeeming their Class A Pref Shares for $5.8M (p.22 of their Filing Statement on November 30, 2020), use the rest of the cash to sustain their non-profitable business and make three acquisitions not related to healthcare software to cover up their own poor performance.
At this pace, they're going to soon have to raise money again at a discount to the current share price (don't even think about your IPO share price) and further dilute the current shareholders as a result.
Happy sailing.