Stingray Digital Group files preliminary prospectus for IPO

April 24
15:23 2015

Stingray Digital Group Inc. has filed a preliminary prospectus with the Canadian securities regulatory authorities in connection with the proposed initial public offering (IPO) of its subordinate voting shares and variable subordinate voting shares.

The offering is being made through a syndicate of underwriters co-led by National Bank Financial Inc., GMP Securities L.P. and BMO Capital Markets, and comprised of CIBC World Markets Inc. and TD Securities Inc.

Stingray, a Montreal-based portfolio company of Telesystem and NOVACAP, is a provider of multiplatform music services for global Pay-TV operators.

Press release.

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