Miami International Holdings Reports Increased Loss in IPO Filing

Reported about 23 hours ago

Miami International Holdings, the parent company of MIAX, disclosed a wider quarterly loss of $21.4 million in its U.S. IPO filing, compared to a $5 million loss a year ago. Despite the loss, the company's revenue rose to $327.1 million. Amid signs of renewed interest in IPOs, Miami plans to use the proceeds from its offering for debt repayment and investments. The company aims to list its shares on the NYSE under the ticker 'MIAX'.

Source: YAHOO

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