Key Developments For Current Media, Inc.
Current Media, Inc. Withdraws IPO-Financial Deals Tracker
Financial Deals Tracker reported that Current Media, Inc. has withdrawn its proposed Initial Public Offering (IPO) due to current market conditions. Current Media has filed a registration statement with the Securities and Exchange Commission to raise $100 million in IPO. The offering comprises listing of Class A shares of common stock of Current Media on the NASDAQ global market under the symbol CRTM.
Current Media, Inc. Files For $100 Million IPO-Reuters
Reuters reported that Current Media, Inc. plans to raise up to $100 million in an initial public offering (IPO) on the Nasdaq stock market. The Company intends to list its common stock on Nasdaq under the symbol 'CRTM' and plans to use the proceeds in part to repay debt.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes.
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