A Little More Today than Yesterday! Trading Stuff.
Three Companies File for IPOs, Three Set Terms This Holiday Week
IPO activity levels remained high this week with three companies submitting their initial filings and another three setting terms.
Telegent Systems (TLG), which offers single-chip solutions enabling worldwide live, free-to-air broadcast TV on portable devices, began the week by filing to raise up to 0 million in its public offering. The Sunnyvale, CA-based company, which was founded in 2004 and booked 4 million in sales over the last 12 months, plans to list on the NASDAQ under the symbol TLG. Goldman Sachs and Morgan Stanley are the lead underwriters on the deal.
Comments are closed.