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NewEgg Pulls IPO

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City of Industry-based online electronics retailer NewEgg has pulled its IPO, the firm said in a filing with the SEC late Friday. In the filing, the firm said that it "determined not to proceed with the initial public offering" but did not give any explanation. NewEgg had filed for an IPO in September of 2009. READ MORE>>.

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Southern California Linked IPOs Grow

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In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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Southern California IPO List Gets A Little Longer

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Other firms currently in registration include Santa Monica-based Demand Media ; San Diego-based Zogenix ; Inphi Corp. which has most of its employees in Westlake Village; Los Angeles-based Gamefly ; City of Industry-based NewEgg ; San Diego-based Fallbrook Technologies ; and Thousand Oaks-basd Nexsan.

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Tech Firm Ties With Dodgers

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headquarters in the City of Industry--which will include both branding of a Dodgers limited-edition PC netbook, plus usage of MSI's PCs throughout the Dodgers operation. Los Angeles, unlike sports teams in San Francisco, San Diego, and Seattle, does not have any high tech sponsors of its sports teams or venues.

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Southern California Firms Queue Up For The Public Market

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So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs.

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And Then There Were Three: RealD Hits Markets Today

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Still on tap for an IPO are Pasadena-based Green Dot , Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.

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SoCal Racks Up Another Successful IPO

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Those firms include Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.