Altice Is Spinning out Teads in an IPO

'Outstream' advertising company purchased in 2017 files F-1

Teads is the latest ad tech company to prepare an initial public offering with the Altice-owned outfit filing its F-1 document earlier today.

The company intends to list on the Nasdaq with investment banks including BNP Paribas, Citigroup, Goldman Sachs and J.P. Morgan among those underwriting the IPO.

Teads, a company that helps clients monetize inventory with outstream display ad units, works with publishers including the BBC, Bloomberg, ESPN, Meredith and the Washington Post. It posted revenues of $540.3

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