BigBand IPO May Wait Till Spring
Cable Guy Alan Breznick, Cable/Video Practice Leader, Light Reading 2/20/2007
Wall Street sources tell us that BigBand, which had been hoping to go public by early April, may have to delay its stock offering another month or two. That's because it may have to file its fourth quarter and year-end earnings report first as part of its response to the expected comments from the Securities and Exchange Commission (SEC) on the company's initial S-1 filing.
Nothing has been decided quite yet. But we do know that BigBand still hasn't scheduled its national road show for investors, part of the standard prelude for a private company seeking to go public. So it could be a long spring waiting around for BigBand to go big-time.
— Alan Breznick, Site Editor, Cable Digital News