LYT News

Just three small deals began trading in another quiet week for the IPO market, only one of which was large enough to meet our coverage criteria. They were joined by one SPAC offering. Pipeline activity picked up slightly as four small IPOs and three SPACs submitted initial filings. The major news of the week came on Friday, when minerals exploration company ...read more

Lytus Technologies Holdings, an Indian provider of content streaming and telecasting services, raised $12 million by offering 2.6 million shares at $4.75, the low end of the downwardly revised range of $4.75 to $6.75. The company offered 0.6 million fewer shares than anticipated. The company had originally filed in April 2021 to offer 2.7 million shares at $10 to $12, before...read more

Lytus Technologies Holdings, an Indian provider of content streaming and telecasting services, lowered the range, added warrants, and increased the proposed share offering for its upcoming US IPO on Monday. The Mumbai, India-based company now plans to raise $19 million by offering 3.2 million units at a price range of $4.75 to $6.75. Each unit consists of one share of common stock...read more

Lytus Technologies Holdings, an Indian provider of content streaming and telecasting services, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also disclosed updated financials for the six months ended September 30, 2021. The Mumbai, India-based company now plans to raise $18 million by offering 2.7 million shares at a price range...read more