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Ritz Interactive Pulls IPO Plans

Irvine-based Ritz Interactive Inc. withdrew its plans to raise up to $34.5 million in an initial public offering, according to a regulatory filing on Tuesday.

It gave no reason for the move.

Ritz, which operates e-commerce Web sites that sell digital cameras, boating and fishing products, among others, was founded in 1999 and has about 44 workers, according to a filing.

It posted sales of $22 million for the 12 months ended June 30, 2005.

WR Hambrecht and Newport Beach-based Roth Capital Partners LLC were set to be underwriters on the deal. Ritz Interactive filed for its IPO in September.

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