OrCam Technologies, an Israeli company that develops devices to aid the visually impaired, is expected to conduct an initial public offering. The deal will reportedly be led by Goldman Sachs & Co. We will update this story as new information emerges.
Once OrCam goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
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OrCam Technologies is expected to go public during 2021. The company is hoping to raise $300 million in the IPO, based upon a $3 billion valuation.
OrCam is reportedly planning to conduct a pre-IPO funding round to raise $150 million to $200 million.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like OrCam can be useful in determining how the market is performing and whether now is a good time to invest in this industry.
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