Apex Radiology is set to end the year on a high with an IPO on set for December 28, 2022. This company is mainly a medical private imaging company that has grown over the year into a sustainable business and is on the verge of expanding even further across the island with this new influx of cash.
The company is looking to raise roughly J$500 million from the Junior Stock Exchange. With that they are issuing some 247,889,936 shares priced at J$2.00 per share, this puts the overall figure at J$496.8 million in subscriptions.
All of it will not be available for the public market, 65 million will be for a reserved pool and 182.88 million will be available for the public retail investors.
JMMB Securities Limited will be working as the lead broker in this process.
A company that is nearly 3 decades old, it initially started in 1996 with the goal to provide affordable high-quality diagnostic imaging services from an easily accessible location. It will continue to grow and accelerate as now It will more than likely get the cash it needs to improve its service and continue providing an amazing service for customers.
