Monday, May 2, 2011
WhiteGlove Files For IPO
Austin-based WhiteGlove House Call Health has filed for an IPO, saying this morning that it is looking to raised $31.625M in an IPO on the NYSE Amex. The firm said it has applied to list under the symbol WHCH. The firm said it will offer up 2.5 million shares of its stock at between $9.00 and $13.00 per share. The firm's IPO is being underwritten by WR Hambrecht + Co and Rodman & Renshaw. The firm reported a net loss of $5.4M on revenues of $4.0M in 2010. WhiteGlove provides mobile primary and chronic medical care to members who join its health programs.