NEWS9 January 2012
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
US— Millennial Media, a mobile advertising and data company, has filed registration forms with the Securities and Exchange Commission (SEC) regarding a proposed public offering of common stock.
The firm, which collects and analyses data from mobile users to help advertisers and app developers understand and market to mobile audiences, has not yet indicated how many shares will be issued and at what target price.
Cash raised through the share sale will be used for working capital and general corporate purposes, as well as for funding Millennial Media’s international expansion.
On top of those plans, the firm said that it “may use a portion of the proceeds” to fund acquisitions, although there are currently no plans to buy another company.
Revenue for the nine months ended 30 September was $69.1m. The firm is headed by CEO and co-founder Paul Palmieri (pictured).
Newsletter
Sign up for the latest news and opinion.
You will be asked to create an account which also gives you free access to premium Impact content.
“I wrote down a list of things that matter to me, in four categories – relationships, health, leisure and work. I d… https://t.co/MalB9p0olB
The number of profit warnings issued by UK-listed companies increased by 50% year-on-year in 2022, according to res… https://t.co/arjNoUjS2z
Cynozure bolsters US team https://t.co/eXWTCHXiKx #mrx #marketresearch
The world's leading job site for research and insight
Spalding Goobey Associates
Senior Quantitative Consultant (RM/AD) – Strategic Growth Consultancy
£45 – 65,000 + Bens
Resources Group
Qualitative Associate Director – Public, Charity & Government clients – Strategy & Insight
£50–60,000 + great benefits!
Resources Group
Associate Director – Mixed Methods – International Strategic Agency
£50,000–£60,000 + good benefits
Related Articles
Bear of very little brain is how I’m proud to define myself when confused https://t.co/YJSAzWyRhV
The post-demographic consumerism trend means segments such age are often outdated, from @trendwatching #TrendSemLON
1 Comment
Anon
11 years ago
What can investors expect to see as an initial offering per share when it goes public? Any ideas? Thanks
Like Reply Report