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Analytics-Based U.s. Tech Firm Inovalon Files For Ipo


Ron Burgundy
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(Reuters) - Inovalon Holdings Inc, an analytics and data-based technology service provider to the healthcare sector, filed with U.S. regulators on Tuesday to raise up to $500 million in an initial public offering of Class A common stock. Goldman, Sachs & Co, Morgan Stanley & Co LLC and Citigroup Global Markets Inc are the lead underwriters of the IPO, the company told the U.S. Securities and Exchange Commission in a preliminary prospectus. (http://bit.ly/1xwquJT) The filing did not reveal how many shares Inovalon planned to sell or their expected price. ...

 

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