PubMatic Files for IPO on Nasdaq

Ad-tech firm confirms S1 plans to go public

Amid a wave of speculation that ad-tech companies were poised to try their chances in the public markets, PubMatic confirmed that it has filed an S-1 with the U.S. Securities and Exchange Commission priming it for an initial public offering.

“PubMatic intends to list its Class A common stock on the Nasdaq Global Market under the ticker symbol ‘PUBM’,” reads the statement confirming the move.

Jefferies LLC and RBC Capital Markets, LLC will act as joint book-running managers for the proposed offering.

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