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NantHealth Inc. said it has closed its initial public offering of 6.5 million shares, which were sold at $14 a share.
The price reflects a 1-for-5.5 reverse stock split of NantHealth’s common stock effected in connection with the conversion of the company from a limited liability company to a corporation, Culver City-based NantHealth said.
In addition, NantHealth has granted the underwriters a 30-day option to buy up to another 975,000 shares of its common stock, at the public offering price,…