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Behind the PACE: Tabula Rasa HealthCare prices IPO at $12, below the range

September 28, 2016
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Tabula Rasa HealthCare, which provides e-prescription fulfillment and medication risk management services, raised $52 million by offering 4.3 million shares at $12, below the range of $13 to $15. Tabula Rasa HealthCare plans to list on the Nasdaq under the symbol TRHC. Wells Fargo Securities, UBS Investment Bank and Piper Jaffray acted as lead managers on the deal.