TV Channels Network, which is developing an entertainment streaming platform, withdrew its plans for an initial public offering this past Friday. It had filed in January to raise $6 million by offering 1.3 million shares at a price range of $4 to $6.
The Las Vegas, NV-based company was founded in 2022 and had planned to list on the Nasdaq under the symbol TVCN. Craft Capital Management was set to be the sole bookrunner on the deal.
