Physitrack, a digital health provider, will seek to publicly list the company on Nasdaq First North in 2018.
With the listing, the company intends to fund further expansion into new geographical areas while also accelerating its R&D effort.
This annoucement follows the strong growth of its user base coupled with revenue and EBITDA development.
Led by CEO and co-founder Henrik Molin a a digital health solutions provider that has been an Apple Mobility Partner (NASDAQ: AAPL) since 2015. The company’s patient engagement solution, used by over 1.2 million patients in 102 countries, combines clinical home exercise prescription, education and outcomes reporting with a telehealth solution for Orthopaedic and Neurological Therapy techniques.
Physitrack is now collaborating with service providers such as Capita Plc with legal, compliance, accounting and corporate governance connected to the IPO and is in the process of appointing Certified Advisors for the transaction.
The company is based in London, UK, Santa Monica and Houston.