BOSTON May 2 Trustwave, a provider of security
technology for processing payment card transactions, on Friday
withdrew its application with the U.S. Securities and Exchange
Commission to sell shares to the public in an initial public
The company filed to go public in April 2011.
It said in a statement emailed to Reuters that it suspended
its IPO in 2011 "due to unfavorable market conditions."
The statement said that the company is continuing to monitor
market conditions and "is keeping its strategic options open."
(Reporting by Jim Finkle; Editing by Chris Reese)