Deseret News: Utah health-tech leader Health Catalyst raises $182M in IPO

SALT LAKE CITY — Utah health-tech leader Health Catalyst jumped into the public markets Thursday and its freshly minted stock climbed over 50 percent by the end of regular trading.

The company raised $182 million via the sale of 7 million shares at pre-market pricing of $26 per share. The successful launch comes just six months after a $100 million funding round in February that pushed the company’s valuation above the vaunted $1 billion, or “unicorn” benchmark.

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