NextG Networks (NXTG) Files $150M IPO

June 6, 2008 10:47 AM EDT

NextG Networks (Nasdaq: NXTG) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $150 million. The company plans to list on the NASDAQ under the stock symbol "NXTG."

The offering is being made through Merrill Lynch, Lehman Brothers, RBC Capital Markets and UBS Investment Bank.

NextG Networks is a provider of innovative wireless infrastructure solutions that enhance network coverage, capacity, and performance for wireless carriers in the United States.

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