Active Network Files For IPO
socalTECH
FEBRUARY 15, 2011
San Diego-based Active Network has filed for an IPO, saying in its S-1 that it is looking to raise up to $150M. The firm's IPO is being underwritten by BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co. The firm said it had a net loss of 37.8M
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