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Tech IPOs are slow to start the year but positive debuts from eToro, MNTN and Hinge Health could help.
With ad-supported tiers now accounting for almost half of all streaming-TV subscriptions, Austin-based MNTN is testing investor appetite for the space.
Here are some of the stories covered on Wealth for Thursday, May 22. The CEO OF MNTN, the adtech company that has Hollywood star Ryan Reynolds as its chief creative officer, talks about going public and what lies ahead.
Television ad tech company MNTN is set to begin trading on the NYSE, reporting 47% revenue growth in its latest quarter despite a net loss. MNTN CEO Mark Douglas joins Wealth to discuss why the company is going public now, its $39M adjusted EBITDA last year, and plans to expand its engineering team to support growth in streaming TV advertising.
MNTN , an advertising platform for internet-connected TVs which has Ryan Reynolds as its chief creative officer, secured a valuation of $1.62 billion after its shares gained 31.25% in its New York Stock Exchange debut on Thursday, signaling continued momentum in the recovering IPO market.
Mark Douglas, MNTN president and CEO, joins CNBC's 'Squawk on the Street' to discuss the company's IPO debut, the growth of streaming, and more.
Marketing tech firm MNTN and some investors raised $187.2 million in a U.S. initial public offering, the company said on Wednesday, setting the stage for another closely watched listing that was delayed amid the "Liberation Day" market downturn.
NEW YORK--(BUSINESS WIRE)--MNTN, Inc. (“MNTN”), a technology platform that brings performance marketing to Connected TV, announced today the pricing of its initial public offering of 11,700,000 shares of its Class A common stock, at a public offering price of $16.00 per share. The shares are expected to begin trading on the New York Stock Exchange on May 22, 2025, under the ticker symbol “MNTN.” The offering is expected to close on May 23, 2025, subject to customary closing conditions. The offe.
CNBC's Julia Boorstin and Mark Douglas, MNTN president and CEO, joins 'The Exchange' to discuss Netflix's quarterly earnings results.
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.