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MCI Onehealth closes $30 million CAD initial public offering MCI Onehealth, a Toronto-based healthtech company, has closed $30 million CAD for its initial public offering (IPO). The company’s shares began trading Wednesday on the Toronto Stock Exchange. MCI Onehealth is one of several Canadian healthtech companies to raise funding over the last year. MCI Onehealth owns 25 medical clinics in Ontario and Alberta and claims to serve more than 850,000 patients annually. The company is working on several software products, including an artificial intelligence-enabled technology aimed to increase the rate of detection for chronic disease and improve overall clinical standards. The IPO consists of six million Class A Subordinate Voting Shares at a price of $5 per offered share. Underwriters on the offering included Canaccord Genuity Corp, which acted as lead underwriter, as well as Echelon Wealth Partners Stifel Nicolaus Canada, TD Securities, Eight Capital, Haywood

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