The new price per share is $28. Livongo Health expects gross proceeds to exceed $355 million. With this pricing, Livongo Health estimates its value is $2.5 billion, according to Business Insider.
Livongo Health has granted underwriters a 30-day option to purchase up to 1.9 million additional shares of common stock to cover over-allotments.
The digital health company began trading on the Nasdaq under the symbol LVGO on July 25. This offering is expected to close on July 29.
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