Long Island Iced Tea Corp., a producer and distributor of a premium non-alcoholic iced tea beverage, filed on Friday with the SEC to raise up to $12 million in an initial public offering.
The Hicksville, NY-based company was founded in 2014 and booked $2 million in sales for the 12 months ended December 31, 2015. It plans to list on the Nasdaq under the symbol LTEA. Network 1 Financial Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
