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AI-powered software platform developer RPM Interactive withdraws $15 million IPO

June 22, 2026
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RPM Interactive, which is developing a generative AI platform for creating short-form videos, withdrew its plans for an initial public offering on Monday. It originally filed in June 2025 with a proposed deal size of $15 million.

The New Brunswick, NJ-based company was founded in 2022. It had planned to list on the Nasdaq under the symbol RPMI. The Benchmark Company was set to be the sole bookrunner on the deal.