Teladoc Health shares rise 3.49% intraday after Mobile-health Network Solutions launched a $300 million ATM equity offering.

Teladoc Health, Inc. rose 3.49% in intraday trading, with the company announcing the launch of an At-the-Market (ATM) equity offering to raise up to US$300 million. This strategic fundraising initiative aims to accelerate the Company's vision of delivering affordable, intelligent, and integrated healthcare across high-growth emerging markets. The net proceeds from this offering will be allocated to several mission-critical initiatives, reinforcing Mobile-health's leadership in digital healthcare.