IPO for Cinema Equipment Maker
Wednesday, October 23, 2019
Moving iMage Technologies Inc. of Fountain Valley plans an initial public offering.
The maker of digital equipment for cinema exhibitors will offer up to 2.1 million shares at between $4 and $4.50 per share, and expects to receive about $7 million in proceeds.
It expects to list on the New York Stock Exchange under the ticker symbol MITQ.
For more on the company, including a recent acquisition, see the Oct. 28 print edition of the Business Journal.