Veri Medtech (VRHI) Files Registration Statement for Proposed Initial Public Offering

Company Information - Veri Medtech Holdings, Inc. has filed a registration statement on Form S-1 with the SEC for a proposed initial public offering of its Class A common stock, with the number of shares and price range yet to be determined [1] - The offering is subject to market conditions, and there is no assurance regarding the completion, size, or terms of the offering [1] - The proposed offering will be made only by means of a prospectus, and the registration statement has not yet become effective [2] Industry Overview - The global telemedicine market was valued at USD 114.98 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.96% from 2024 to 2030 [7] - Growth in the telemedicine market is driven by industry consolidation, strategic initiatives by key companies, and increasing healthcare consumerism [7] - Factors such as rising adoption of telemedicine by providers and increasing patient acceptance are expected to contribute to market growth [7]