13:17:55 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Citigroup CDR (CAD Hedged)
Symbol CITI
Shares Issued 1,750,000
Close 2025-02-28 C$ 33.84
Market Cap C$ 59,220,000
Recent Sedar Documents

FP/wire say Morgan Stanley, rivals lead MNTN IPO

2025-05-12 09:13 ET - In the News

See In the News (C-MS) Morgan Stanley CDR (CAD Hedged)

The Financial Post reports in its Saturday, May 10, edition that MNTN is mulling launching its initial public offering as soon as next week, according to unnamed sources, after delaying its plans amid tariff-induced market volatility. A Bloomberg dispatch to the Post reports that MNTN, which counts Hollywood star Ryan Reynolds as its chief creative officer, updated its filings with the United States Securities and Exchange Commission at the end of April to disclose fresh financial information. MNTN had a net loss of $21.1-million on revenue of $64.5-million for the first three months of 2025, compared with a net loss of $15.7-million on revenue of $43.8-million in the same period a year earlier, the filing states. Deliberations are ongoing and details of the IPO preparations including the timing could change, sources said. MNTN is among candidates that suspended their IPO plans after Donald Trump's tariff announcements on April 2 and are now resuming preparations. A representative for MNTN referred to the company's filings and declined to comment further. The IPO is being led by Morgan Stanley, Citigroup and Evercore. The company expects its shares to trade on the New York Stock Exchange under the symbol MNTN.

© 2025 Canjex Publishing Ltd. All rights reserved.