Connector Capital IPO watch: Connector Capital Corp filed the IPO registration statement with the U.S. SEC (Security And Exchange Commission) on April 17, 2012. According to the regulatory filing, the company intends to apply to have its common stock listed on the NASDAQ Capital Market to raise funds of up to $115 million. The company has not decided the number of shares offered, IPO price as well as the ticker symbol.
Connector Capital, established in April 2012, is an externally-managed, non-diversified closed-end management investment company. The company intends to invest principally in equity securities of rapidly growing, emerging non-public U.S. companies. Be subject to the term, the company may face a high degree of business and financial risk.
Connector Capital intends to invest the net proceeds received from this public offering in the equity securities of portfolio companies in accordance with its investment objective and strategies. The company will also use the a portion of the net proceeds to pay operating expenses
Aegis Capital is acting as the lead underwriters for the Connector Capital IPO.
Connector Capital IPO