Posts Tagged ‘glu ipo filing analysis nasdaq’
Glu finally opened the books
December 20th, 2006 by Arjan Olsder Posted in Companies & M&A | 1 Comment »
We got a sweet surprise this morning as the news reached us about Glu‘s IPO filing on NASDAQ. Glu hopes to raise $ 92 million in common stock. As we all know, IPO filing means opening up the books and so all mobile news resources are going trough the numbers and interesting facts pop up everywhere. So is Glu really the claimed number 2? Probably not, but the plans with the money are clear. Pay debts, expand and acquire.
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Disclaimer:Arjan Olsder is the Vice President of Pixalon Studios. Opinions expressed on this publication do not have to represent those of Pixalon Studios. |
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