Liquid Holdings Group, which provides software technology for financial services companies, filed on Thursday with the SEC to raise up to $49 million in an initial public offering. The company commenced operations in April 2012 and offers software to integrate trading, real-time risk management, accounting, reporting and administrative tools in a single platform.
The New York, NY-based company, which was formed in 2012 and booked $2.3 million in sales for the 12 months ended 12/31/2012, plans to list on the NASDAQ under the symbol LIQD. Liquid Holdings Group initially filed confidentially on 12/11/2012. Sandler O'Neill is the sole bookrunner on the deal. No pricing terms were disclosed.
