Reported about 12 hours ago
MNTN Inc., the connected TV advertising platform spearheaded by Ryan Reynolds, has filed for an initial public offering, demonstrating revenue growth and reduced losses. In 2024, the company reported a net loss of $32.9 million on $226 million in revenue, an improvement from the previous year's $53.3 million loss on $176 million in revenue. The IPO will include new shares and offerings from selling stockholders, with shares expected to trade under the symbol MNTN on the New York Stock Exchange.
Source: YAHOO