Digital Domain Media Group, which creates digital visual effects for major studios and advertisers, now expects to price its IPO before the markets open on Friday, after previously planning to price Thursday night. The Port St. Lucie, FL-based company plans to raise $61 million by offering 5.5 million shares at a price range of $10 to $12. At the mid-point of the proposed range, Digital Domain Media Group would command a market value of $483 million. Digital Domain Media Group, which was founded in 1993 and booked $122 million in sales for the 12 months ended June 30, 2011, plans to list on the NYSE under the symbol DDMG. Roth Capital is the lead underwriters on the deal.
