GMR Solutions Eyes 5 Billion Dollar Valuation in US IPO

The emergency medical services provider plans to raise up to 797.9 million dollars by offering 31.9 million shares. It will list on the NYSE under symbol GMRS.

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GMR Solutions is seeking a $5 billion valuation in a United States IPO to raise up to $797.9 million. The Lewisville-based firm plans to offer 31.9 million shares priced between $22 and $25 each. This listing tests investor appetite for emergency medical services following private placement commitments from major investment firms.

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