Newegg Files $175M IPO
Newegg Inc. filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $175 million. The company has not yet indicated where the issue will be traded, nor what the symbol will be.
The offering is being made through JPMorgan, BofA Merrill Lynch, Citi, William Blair, Cowen and Company, ThinkEquity, Needham & Company and Raymond James.
Newegg is an e-commerce company focused on selling information technology, or IT, products, including computer hardware, software and peripherals, and consumer electronics, or CE, products to consumers and increasingly to small and medium-sized businesses, predominantly through it's U.S. website, www.newegg.com.
Stocks Mentioned
Related Entities
- William Blair
- JPMorgan
- Citi
- Raymond James
- Merrill Lynch
- Needham & Co
- Banc of America
- ThinkEquity
- Cowen & Co
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