IDW Media Raises $9M Via Equity Offering, Uplists To NYSE Today

by Anusuya Lahiri, Benzinga Editor
August 4, 2021 7:12 AM | 25 seconds read |
  • Media company IDW Media Holdings, Inc IDW priced 2.5 shares at $3.60 per share to raise $9.0 million in the initial public offering.
  • The offer price signifies a 12.2% discount to IDW's Aug. 2 closing price of $4.1 on the OTC markets.
  • The underwriters have a 45-day option to purchase additional shares up to 375,000.
  • IDW's shares are uplisting and likely to begin trading on the NYSE under the symbol "IDW" today.
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