M17 Entertainment, a Taiwan-based live music streaming platform and dating app, postponed its IPO on Wednesday. It had filed to raise $83 million by offering 7.5 million shares at a price range of $10 to $12.
The Taipei, Taiwan-based company was founded in 2013 and booked $116 million in sales for the 12 months ended March 31, 2018. It had planned to list on the NYSE under the symbol YQ. Citi and Deutsche Bank were set to be the joint bookrunners on the deal.
