Inspire Veterinary Partners Inc. on Monday said it plans to sell 5.61 million shares of Class A common stock at an estimated range of $4 to $6 a share in its initial public offering on the Nasdaq under the trading symbol IVP. At the midpoint of the range, the Virginia Beach, Va. company will raise about $28 million with underwriter Spartan Capital Securities Inc. The company reported a full-year 2022 net loss of $4.9 million, compared to a $1.33 million net loss in 2021. Revenue in 2022 climbed to $9.8 million from $2.6 million in 2021.
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