September 03, 2015
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GC Aesthetics withdraws $75 million IPO
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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