Post by
monty613 on Nov 10, 2021 2:07pm
NASDAQ Listing
analyst asked if Circle spin-out would coincide with NASDAQ IPO
Hamed - base shelf prospectus filed, doing the work. will wait until conditions are comfortable to proceed. noted that telehealth valuations have improved after rough few months.
Comment by
speedy99 on Nov 10, 2021 2:09pm
So that's what the money is for from the Prospectus Monty; a mystery no longer; its for the U.S. IPO listing.
Comment by
brandinvestor on Nov 10, 2021 3:00pm
I'd just like to say - I called that! The US IPO is what we need to get out of this rut. Circle medical is such a small part of WELL that spinning it off wouldn't hurt. I'm happy with the growth, and hoping for profitability in the next 1-2 years.
Comment by
Rabbits on Nov 10, 2021 3:26pm
This post has been removed in accordance with Community Policy
Comment by
hrgoyal on Nov 10, 2021 3:40pm
By itself Nasdaq listing has no advantage.