Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, withdrew its plans for an initial public offering on Wednesday. The company had set terms in March 2021, but the deal was later postponed. Intermedia revived...read more
After about 18 months of historically low activity, the US IPO market is finally poised to accelerate heading into the fall. Growth stocks have staged a strong rally in 2023, thanks to easing inflation and excitement over advances in AI. A leading indicator of...read more
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, revived its IPO plans on Friday with a blank filing, disclosing plans to raise up to $100 million. The company had previously planned to raise $300 million by...read more
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, postponed its IPO on Thursday, citing challenging market conditions. It had filed to raise $300 million by offering 12.2 million shares (17% secondary) at a...read more
Business communication platform Intermedia Cloud withdraws $100 million IPO
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, withdrew its plans for an initial public offering on Wednesday. The company had set terms in March 2021, but the deal was later postponed. Intermedia revived...read more
Fall 2023 US IPO Preview: The Tech Logjam Finally Breaks
After about 18 months of historically low activity, the US IPO market is finally poised to accelerate heading into the fall. Growth stocks have staged a strong rally in 2023, thanks to easing inflation and excitement over advances in AI. A leading indicator of...read more
Business communication platform Intermedia Cloud Communications revives $100 million IPO with new blank filing
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, revived its IPO plans on Friday with a blank filing, disclosing plans to raise up to $100 million. The company had previously planned to raise $300 million by...read more
Business communication platform Intermedia Cloud Communications postpones $300 million IPO
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, postponed its IPO on Thursday, citing challenging market conditions. It had filed to raise $300 million by offering 12.2 million shares (17% secondary) at a...read more