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Health-Tech Company Doximity Files for IPO and Says Doctors Will Get Up to 15% Allocation

That means eligible doctors can get stock at the same price as the select group of institutional investors, who so often benefit from the IPO pop because they get early allocation and don t have to wait for trading to begin. Doximity hasn t yet said how many shares it plans to issue or at what price. To qualify for the program, members must meet certain thresholds of activity. We aspire to be the world s largest physician-owned technology company, and our IPO reserved share program is intended to both thank our members and kickstart the process, co-founders Jeff Tangney, Nate Gross and Shari Buck wrote in the founders letter portion of the prospectus.

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