IDW Media Holdaings, Inc. has priced its public offering at $3.60 per share for 2.5 million shares of its Class B Common Stock, the company announced, and will begin trading on the small cap NYSE American exchange on Wednesday under the ticker IDW. An over-allotment of 375,000 shares is available to the underwriter. E.F. Hutton is the sole book-running manager for the offering.
The public offering will bring in around $9 million before expenses (see “IDW Plans Offering, Move to NYSE American”).
It’s been a long road for IDW, which first announced plans to move to an exchange listing in 2015 (see “Corporate Reorganization to Lead IDW to Exchange Listing”), two CEOs ago.
Begins Trading Today on NYSE American
Posted by Milton Griepp on August 4, 2021 @ 3:22 am CT