This article is more than 5 years old. Information may no longer be current.

GC Aesthetics withdraws $75 million IPO

GC Aesthetics withdrew its plan for an initial public offering on Wednesday.

The IPO was postponed in early August after setting terms to raise $75 million, according to the press release.

The company initially filed confidentially on May 15. It had booked $55 million in sales for the 12 months ending March 31.

Bank of America, Deutsche Bank and Cowen & Company were planned to be the joint bookrunners for the IPO.

Source: www.renaissancecapital.com