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$MNTN: Ryan Reynolds IPO today....... open @ $16
Or somewhere around there.
MNTN IPO Key Details:
Ticker: MNTN
Shares Offered: 11.7 million shares
Price: $16.00
Capital Raise: $187 million
Range: $14.00-$16.00
Underwriters: Morgan Stanley, Citi, Evercore ISI
Ad-tech firm backed by Ryan Reynolds, MNTN, Inc. $MNTN, priced its $187 million IPO at $16 per share, with an estimated market cap at IPO of $1.24 billion.
The company sold 72% of the shares, raising $134.4 million, while selling shareholders sold the remaining 28% for $52.8 million. Lead Left underwriter: Morgan Stanley.
GO $MNTN
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