After postponing IPO, NantHealth goes public, seeking to raise $92M

After postponing plans to go public, personalized medicine company NantHealth has filed for an initial public offering.

In July 2015, NantHealth announced plans to file an IPO by the end of the year, but in December, founder Patrick Soon-Shiong, MD, decided to delay going public due to market conditions.

"We're basically ready. The problem is, we don't want to go out in the current market," he previously told Los Angeles Times.

NantHealth's IPO seeks to raise up to $92 million in capital. The company's ticker symbol on the Nasdaq is NH.

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