Boston Omaha Corporation, a billboard owner and provider of surety insurance, filed on Monday with the SEC to raise up to $46 million in an initial public offering. It is uplisting from the OTCQX where it experienced very limited trading.
The Boston, MA-based company was founded in 2009 and booked $3 million in sales for the 12 months ended September 30, 2016. It plans to list on the Nasdaq under the symbol BOMN. No underwriters were listed on the deal, but they are expected to be added. No pricing terms were disclosed.