IPOS - Streaming platform Loop Media prices ~$12M IPO

September, 22 2022 06:06 AM Renaissance Capital Greenwich Fund

Loop Media ( OTCPK:LPTV ) has priced its IPO of 2.4M shares of its common stock at $5.00 per share.
The underwriter has been granted a 30-day over-allotment option to purchase up to an additional 360K shares of common stock at the public offering price.
Gross proceeds to Loop Media from the offering are expected to be ~$12M. The offering is expected to close around Sep 26, 2022.
In connection with the offering, Loop Media has been approved for the listing of its common stock on the NYSE American under the ticker symbol "LPTV" from Sep 22, 2022.

For further details see:

Company Name:	Renaissance Capital Greenwich Fund
Stock Symbol:	IPOS
Market:	NYSE