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Share Price: 51.40

Bid: 51.70

Ask: 52.00

Change: -1.30 (-2.47%)

Spread: 0.30 (0.58%)

Open: 55.00

High: 55.00

Low: 51.40

Prev. Close: 52.70

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IN BRIEF: IP Group's Hinge Health Completes Funding Round

Wed, 06th Jan 2021 19:10

IP Group PLC - intellectual property commercialisation company - Says portfolio company Hinge Health Inc has completed USD300 million Series D investment round, valuing the company at around USD3 billion. Following completion of investment round, IP has an undiluted beneficial holding of around 2.4% in Hinge Health that the directors anticipate will be valued at GBP42.1 million, representing a net unrealised fair value gain of approximately GBP30.7 million.

Current stock price: 110 pence

Year-to-date change: up 12%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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(Adds M&G investment, recasts)LONDON, May 4 (Reuters) - Oxford Nanopore has been valued at around 2.48 billion pounds ($3.44 billion) after raising 195 million pounds in new investment ahead of its planned initial public offering later this year,...

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Oxford Nanopore gets £195 in fresh funding ahead of float

(Sharecast News) - Oxford Nanopore has raised £195m in new cash ahead of its planned stock market float expected later this year, the company's investor IP Group said.

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Oxford Nanopore gets $270 mln in fresh funding ahead of IPO

LONDON, May 4 (Reuters) - Oxford Nanopore has raised 195 million pounds($270.72 million)in new investment ahead of its planned initial public offering due later this year, its backer IP Group said in a statement on Tuesday.IP Group, which holds a ...

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Oxford Nanopore hires banks for $3 bln London listing - sources

By Abhinav RamnarayanLONDON, April 22 (Reuters) - Oxford Nanopore is moving ahead with plans for an initial public offering (IPO) and has now hired banks to manage the process, two sources familiar with the matter told Reuters, in a further boost ...

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IP Group investee Oxford Nanopore prepares for IPO later this year

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IP Group portfolio business eyes LSE floatation

(Sharecast News) - Intellectual property-based business developer IP Group said on Tuesday that portfolio company Oxford Nanopore Technologies had started the process of preparing for a potential initial public offering.

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IN BRIEF: IP Group's Hinge Health Completes Funding Round

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