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InterCloud Systems prices IPO at $4, below the range

InterCloud Systems, which provides telecom infrastructure staffing and management services, raised $5 million by offering 1.3 million shares at $4, below the range of $5 to $7. Intercloud Systems plans to list on the NASDAQ under the symbol ICLD. Aegis Capital...read more

Intercloud Systems decreases shares offered, proposed IPO deal size is now $5 million

Intercloud Systems, which provides telecom infrastructure staffing and management services, lowered the proposed deal size for its upcoming IPO on Friday. The Red Bank, NJ-based company now plans to raise $5 million by offering 0.8 million shares at a price...read more

Intercloud Systems postpones IPO

Intercloud Systems, which provides telecom infrastructure staffing and management services, postponed its IPO on Tuesday. The Red Bank, NJ-based company was founded in 1999 and booked $41 million in sales for the 12 months ended 6/30/2013. Aegis Capital was set...read more

Intercloud Systems decreases range to $5 to $7, increases shares offered

Intercloud Systems, which provides telecom infrastructure staffing and management services, revised the terms for its upcoming IPO on Tuesday. The Red Bank, NJ-based company now plans to raise $20 million by offering 3.3 million shares at a price range of $5 to...read more