Livongo Health, Inc.

Livongo Health, Inc. (LVGO) priced its initial public offering on Jul 25, 2019 at $28.00 per share, above its $24.00–$26.00 range, raising $355.2M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $2.55B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs and J.P. Morgan. Wilson Sonsini advised the company and Cooley advised the underwriters.

Livongo Health, Inc. offers digital health services for people with chronic conditions, under a category it calls Applied Health Signals. It aims to give consumers personalized, actionable feedback to manage their conditions, addressing a U.S. healthcare system it describes as poorly designed for continuous care.

Status

IPO

Ticker

LVGO

Exchange

Nasdaq Global Select

Priced

Jul 25, 2019

IPO price

$28.00

Price range

$24.00–$26.00

Raised

$355.2M

Market cap at IPO price

$2.55B

First filed

Jun 28, 2019

Underwriters

Morgan Stanley, Goldman Sachs and J.P. Morgan

Company counsel

Wilson Sonsini

Underwriters' counsel

Cooley

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.