UPDATE 1-Global Medical Response files for US IPO

Adds IPO details

April 17 (Reuters) - Emergency medical services provider Global Medical Response filed for an initial public offering in the U.S. on Friday.

The filing comes as markets touched all-time highs on Friday, as investors cheered Iran's decision to open the Strait of Hormuz following a 10-day truce.

The broader U.S. IPO market has struggled over the past two months with worries of AI-disruption and the Middle East conflict sidelining new issuers.

J.P. Morgan, KKR, BofA Securities, Barclays and Goldman Sachs are among the underwriters for the offering.

Emergency medical services provider Global Medical Response filed for an initial public offering in the U.S. on Friday.

The filing comes as markets touched all-time highs on Friday, as investors cheered Iran's decision to open the Strait of Hormuz following a 10-day truce.

Broader U.S. IPO market has struggled over the past two months with worries of AI-disruption and the Middle East conflict sidelining new issuers.

J.P.Morgan, KKR, BofA Securities, Barclays, Goldman Sachs are among the underwriters for the offering.

Global Medical intends to list its shares on the New York Stock Exchange under the trading symbol "GMRS".


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.