IPO News Archive
Fallbrook Technologies withdraws IPO
4/29/11
Fallbrook Technologies, which offers continuously variable transmission technology for bicycles under its "NuVinci" brand, withdrew its plans for an initial public offering on Friday. The San Diego, CA-based company was founded in 2000 and booked $1 million in sales for the 12 months ended 12/31/09. CIBC World Markets and Mackie Research Capital were set to be the lead underwriters on the deal.
Source: www.RenaissanceCapital.com