In recent news, Mobile-health Network Solutions successfully raised $9 million through an offering of 2.3 million shares at $4 each. This funding round was on the lower end of the pricing range, which was between $4 and $5. The company operates in the APAC region and provides a platform for telehealth and other healthcare services.
The MaNaDr platform, which can be accessed through a mobile application and website, offers users a variety of telehealth solutions, including teleconsultation services and personalized care options. In addition to its online platform, Mobile-health Network Solutions also runs a GP clinic in Singapore. As of September 2023, the company has active users from over 18 different jurisdictions around the world, including countries like Singapore, Vietnam, Malaysia, Australia, India, and the Philippines.
Looking to the future, Mobile-health Network Solutions plans to list on the Nasdaq under the symbol MNDR. Network 1 Financial Securities played a key role in the offering, serving as the sole bookrunner. With this funding round and upcoming listing on the Nasdaq, Mobile-health Network Solutions is well-positioned for continued growth and success in the telehealth industry.
