Health technology firm Enlitic is considering an ASX listing, the Australian Financial Review reported Sunday, without saying where it got the information.
The San Francisco-based company’s management has met with firms including Barrenjoey Markets Pty Ltd and Shaw & Partners Ltd. to select a broker line-up, the newspaper reported.
Enlitic may raise about A$40 million ($27.5 million) for a A$300 million market capitalization, AFR said, without providing more detail.
The company uses artificial intelligence to train software to read things like radiology scans.
Read more: Enlitic Raises $25m In AI-Backed Bid to Detect Cancer Faster
