"SmartBargains, an online retailer of discounted excess merchandise, withdrew its filing for an initial public offering on Friday. The company had originally filed to go public in July of 2004 to be traded on the NASDAQ under the ticker SBAR. Merrill Lynch was the lead underwriter on the proposed deal."
Employees 106
Founded 2000
Revenues $92.2M (FY 04)
Net Income ($2)
With the recent poor performance of e-tailing stocks (AMZN, ECST), it seems like a smart idea for Smart Bargains to hold back and wait for the IPO market to open back up.
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