Porn News

FriendFinder Networks Inc. Commences Marketing of its Initial Public Offering

BOCA RATON, Fla.PRNewswire/ — FriendFinder Networks Inc. (“FFN”) announced today that it has commenced marketing in connection with its initial public offering of 20 million shares of its common stock.

The offering is being made pursuant to Amendment No. 7 to FFN’s Registration Statement on Form S-1, including a preliminary prospectus, filed on January 8, 2010 with the Securities and Exchange Commission. It is currently estimated that the initial public offering price per share will be between $10.00 and $12.00, and gross proceeds from the offering are expected to be $200 million to $240 million.

The common stock has been approved for listing on the New York Stock Exchange under the symbol “FFN,” subject to official notice of issuance. RenCap and Ledgemont Capital Markets LLC are acting as joint bookrunners for this offering.

A registration statement relating to the proposed sale of these securities has been filed with the Securities and Exchange Commission but has not yet become effective.

These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

241 Views

Related Posts

Wicked Sensual Care Launches Sexual Assault Awareness Camaign

LOS ANGELES — Wicked Sensual Care (WSC) has launched its annual campaign for Sexual Assault Awareness month. "Every April, in recognition of Sexual Assault Awareness Month, the intimate wellness brand pledges resources and a portion of proceeds from the sales…

Gender X Begins Rollout of ‘Trans Honey Trap 3’

Jim Powers Brings Gender X Films’ Trans Honey Trap Back

FSC to Host Webinar on Derisking and the Adult Industry

LOS ANGELES — The Free Speech Coalition (FSC) is hosting a webinar on derisking, titled "Derisking: Examining Its Impact on the Adult Industry's Access to Banking," on April 24 at 11 a.m. (PDT).Panelists for the webinar include Alison Boden, Executive…

Ricky Greenwood Serves ‘Amuse Bouche’ for Dorcel

The France-based studio Dorcel on Thursday announced the release of Amuse Bouche, a three-hour story-driven feature from director Ricky Greenwood (More).

Pineapple Support Celebrates 6th Anniversary Highlighting Successes

LOS ANGELES — Pineapple Support is celebrating its sixth anniversary by reporting statistics on its successes and initiatives.According to Pineapple Support, since its founding in April 2018, the non-profit “has provided more than $1.5M in therapy, support services, and resources…

Leave a Reply

Your email address will not be published.