Video Ringtone Sharing Company Vringo Files For $64.3 Million IPO
January 29, 2010 at 08:24 AM EST
An SEC filing has revealed that video ringtone sharing community Vringo has filed to raise an estimated $64.3 million via an initial public offering of stock and warrants. The company plans to trade on NASDAQ, with Maxim Group serving as lead underwriter. Vringo shareholders include Warburg Pincus , who invested $12 million for a 31.9% ownership stake, and undisclosed private investors.