Omada Health, Inc.'s (NASDAQ:OMDA) Quiet Period Set To End on July 16th
MarketBeat
Omada Health's (NASDAQ:OMDA - Get Free Report) quiet period will expire on Wednesday, July 16th. Omada Health had issued 7,900,000 shares in its initial public offering on June 6th. The total size of the offering was $150,100,000 based on an initial share price of $19.00. During the company's quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
NASDAQ:OMDA