By Stephen Nakrosis
Healthcare services company Syra Health said its upcoming initial public offering would consist of 1.5 million shares, below the 2 million shares it previously expected.
The offering is expected to price at $4.125 per unit. Each unit will consist of one share of Class A common stock and a warrant to purchase a share of Class A stock.
Syra offers services including health education, population health management, behavioral and mental health and digital health.
For the six months ended June 30, 2023, the company reported a loss of $1.5 million on revenue of $2.1 million. In the six months ended June 30, 2022, the company reported a loss of $1.1 million on revenue of $2.1 million.
Syra said it applied to list on the Nasdaq Capital Market under the symbol SYRA.
Kingswood, a division of Kingswood Capital Partners, LLC, is listed as the offering’s underwriter.
Write to Stephen Nakrosis at [email protected]
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