Singular Health IPO, another medical imaging contender?

Just over 2 weeks into the new year and we’ve already got ourselves some fresh IPOs, one of the first being the Singular Health IPO. The company opened its initial public offering on 4 January in an effort to raise $6 million at a price of 20 cents per share. The placement implies a market capitalisation of nearly $20.5 million, as detailed in the company’s prospectus. 

The offer has since closed early due to significant demand. Setting the stage for another ASX listed medical imaging technology company.

What is the Singular Health IPO bringing to the table?

2D, or not 2D, that is the question

Rather than the traditional 2D medical images that are still popular to this day (CT and MRI), Singular Health’s technology produces…