IPO
The San Francisco-based digital musculoskeletal care company filed to go public on Monday and will list under the ticker symbol HNGE.
It is also expected to offer a new digital weight loss program.
Google's cloud division poured in $100 million in funding to the telehealth company, along with the deal.
The company will join the Nasdaq with an initial valuation around $720 million.
News of the potential sale or merger with a special purpose acquisition company appears at the same time as one-on-one counseling and a key strategic hire.
The tech-enabled primary care provider is looking to raise around $100 million in the offering, but stock prices are not yet set. It set to be the first major health IPO of 2020.
The company closed its first day roughly 36% above its initial pricing of $28.
The digital health mainstay closed its first day of trading roughly 40% above its set price, and looks forward to scaling its business as a public entity.