MediaMind Technologies, the digital advertising company, formerly known as Eyeblaster, has filed an initial prospectus with the Securities and Exchange Commission to take the company public. The Company’s shares will begin trading on August 11, 2010 on the NASDAQ Global Select Market under the trading symbol “MDMD.” According to the company’s August 4 regulatory filing, […]
MediaMind Technologies, the digital advertising company, formerly known as Eyeblaster, has filed an initial prospectus with the Securities and Exchange Commission to take the company public.
The Company’s shares will begin trading on August 11, 2010 on the NASDAQ Global Select Market under the trading symbol “MDMD.” According to the company’s August 4 regulatory filing, MediaMind intends to offer 5 million shares at $15 and will list on the Nasdaq under the symbol MDMD. The company anticipates raising approximately $73 million in the offering.
12/08/2010
MediaMind said its revenue was up about 2% in 2009 to $65.1 million from $63.8 million in 2008. Earnings rose more than 50% last year to $8.2 million from $5.3 million.
The company has more than 35 representation offices across the world and in 2009 it delivered campaigns for over 7,000 brands in 55 countries.
Its IPO underwriters include JPMorgan, Deutsche Bankand Pacific Crest Securities.
The closing of the offering is scheduled to take place on August 16, 2010. In addition, the Company has granted the underwriters an option to purchase 750,000 additional shares to cover over-allotments.
www.MediaMind.com
