Home Watchlists Portfolios Indices Forex Futures Comparisons Alerts Screeners Scans Charts Settings

Dutch Tech Biz CM.com Pumps Brakes On €100M IPO

  • Source: Law360 - - Read: 0



    Law360 (October 11, 2019, 4:06 PM EDT) -- Communications technology company CM.com said Friday it has elected to postpone its initial public offering because of unfavorable market conditions, after setting course in late September for a float that was expected to raise €100 million ($110.5 million).CM.com, which connects companies to consumers' mobile devices through messaging channels and payment solutions, said in a brief statement that its IPO plans are on hold. On Sept. 30, the company said it planned to offer its shares on the Euronext Amsterdam at a range of between €15 and €19 per share.

    “We would like to thank everyone who has participated in this...

    In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practic ...



    Read Full News: https://www.law360.com/capitalmarkets/articles/1208775/dutch-tech-biz-cm-com-pumps-brakes-on-100m-ipo

Log in to reply