Ryan Reynolds' MNTN raises US$187.2mil in US IPO


FILE PHOTO: U.S. flags hang on the building of the New York Stock Exchange (NYSE), in New York City, U.S., November 6, 2024. REUTERS/Andrew Kelly/File Photo

MARKETING tech firm MNTN said on Wednesday that it has raised $187.2 million in its United States initial public offering, setting the stage for another closely watched listing that was delayed amid the "Liberation Day" market downturn.

MNTN, which offers performance marketing and creative solutions via on-demand television content, along with some investors, sold 11.7 million shares at $16 apiece, at the upper end of its marketed range of $14 to $16.

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MNTN , Ryan Reynolds , IPO , NYSE , listing , marketing

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