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- cutiedoggycutiedoggy
  ·2021-06-24
  That’s cool
  Social network for doctors Doximity raises $606 million in U.S. IPO
  (Reuters) -Doximity Inc, a social network for doctors, said on Wednesday it had raised nearly $606 m
  Social network for doctors Doximity raises $606 million in U.S. IPO
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It had indicated it would sell shares between $20 and $23 apiece.</p>\n<p>About $111.5 million from the IPO proceeds would go to a selling stockholder, the company said.</p>\n<p>Healthcare-focused technology companies including Doximity have benefited from pandemic-led tailwinds and have found favor with investors.</p>\n<p>Demand for and investment in telehealth services is expected to keep rising post-pandemic, a March survey from McKinsey showed.</p>\n<p>Founded in 2010, Doximity offers a cloud-based digital platform for medical professionals and free membership to physicians. It had more than 1.8 million members on its platform as of March 31, according to the IPO prospectus.</p>\n<p>In response to the COVID-19 pandemic, Doximity accelerated the rollout of Dialer Enterprise, a feature that helps medical professionals conduct virtual patient visits, it said in the filing.</p>\n<p>Morgan Stanley, Goldman Sachs and J.P. Morgan Securities were the lead underwriters for the IPO.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Social network for doctors Doximity raises $606 million in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSocial network for doctors Doximity raises $606 million in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/doximity-ipo/update-1-social-network-for-doctors-doximity-raises-606-mln-in-u-s-ipo-idUSL3N2O5410><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Doximity Inc, a social network for doctors, said on Wednesday it had raised nearly $606 million in its initial public offering (IPO) in the United States, giving it a valuation of about $...</p>\n\n<a href=\"https://www.reuters.com/article/doximity-ipo/update-1-social-network-for-doctors-doximity-raises-606-mln-in-u-s-ipo-idUSL3N2O5410\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCS":"Doximity, Inc."},"source_url":"https://www.reuters.com/article/doximity-ipo/update-1-social-network-for-doctors-doximity-raises-606-mln-in-u-s-ipo-idUSL3N2O5410","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108991622","content_text":"(Reuters) -Doximity Inc, a social network for doctors, said on Wednesday it had raised nearly $606 million in its initial public offering (IPO) in the United States, giving it a valuation of about $4.6 billion.\nThe company sold 23.3 million shares at $26 each. It had indicated it would sell shares between $20 and $23 apiece.\nAbout $111.5 million from the IPO proceeds would go to a selling stockholder, the company said.\nHealthcare-focused technology companies including Doximity have benefited from pandemic-led tailwinds and have found favor with investors.\nDemand for and investment in telehealth services is expected to keep rising post-pandemic, a March survey from McKinsey showed.\nFounded in 2010, Doximity offers a cloud-based digital platform for medical professionals and free membership to physicians. It had more than 1.8 million members on its platform as of March 31, according to the IPO prospectus.\nIn response to the COVID-19 pandemic, Doximity accelerated the rollout of Dialer Enterprise, a feature that helps medical professionals conduct virtual patient visits, it said in the filing.\nMorgan Stanley, Goldman Sachs and J.P. Morgan Securities were the lead underwriters for the IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}