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Luxury theater operator iPic Entertainment prices $15 million Reg A+ IPO at $18.50

January 31, 2018
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iPic Entertainment, which operates 16 combination movie theater and dining locations, raised $15 million by offering 818,429 shares at $18.50 in a Regulation A+ offering.

It previously filed to offer up to 2.2 million shares at that price. At IPO, iPic Entertainment commands a fully diluted IPO market cap of $216 million.

The company plans to list on the Nasdaq under the symbol IPIC. TriPoint Global Equities and Roth Capital acted as lead managers on the deal. As a Reg A+ deal offered on a best efforts basis, we do not include iPic Entertainment in our IPO stats.