MNTN Stock Recent News

MNTN, Inc. is seeking $100 million in an IPO to fund growth, technology development, and potential acquisitions, with a focus on mid-sized businesses. The company has shown substantial revenue growth, increased gross profit, and nearly achieved operating breakeven, with $32.6 million in free cash flow for 2024. MNTN benefits from the growing CTV advertising market, expected to surpass linear TV, and targets advertisers new to TV advertising.

Four IPOs and four SPACs listed this week. Four IPOs and two SPACs submitted initial filings. The March IPO market is set to start off with a quiet week.

MNTN, a connected TV marketing platform that has Ryan Reynolds as its chief creative officer, filed for an initial public offering in the United States on Friday.