NetSpend stock offering delayed
Austin-based NetSpend Holdings Inc. has postponed its $200 million-plus stock that is initial due to regulatory dilemmas relating to the main provider regarding the prepaid debit cards NetSpend areas.
NetSpend have been likely to rate the offering Thursday and begin attempting to sell stocks to the general public this morning.
Analysts had stated the providing could be well-received due to NetSpends position into the fast-growing marketplace for prepaid debit cards, by which it really is a leading provider.
Nevertheless the providing was postponed until in a few days, based on IPOhome.com, which tracks industry for initial offerings, and also the Wall Street Journal. Read More