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Chicken Soup For The Soul Entertainment Files For $30M Mini-IPO

July 17,2017 21:19

Do you think Wall Street's sharks would enjoy some chicken soup for the soul? Chicken Soup for the Soul Entertainment does: It just disclosed an SEC filing to launch an initial public offering hoping to raise $30 million with shares to trade on Nasdaq ...

Investing on Wall Street can at times be an arduous and stressful business, so perhaps there’s extra motivation for those looking at upcoming float .
The media company has launched a US$30mln IPO, offering shares priced at US$12 each.
Chicken Soup for the Soul Entertainment is the company borne out of the series of motivational books of the same name which were popularised in the nineties.
On its investor relations page, the company potential new shareholders: “Join us in our shared vision of hope, comfort, and the power of video stories that bring out the best of the human spirit.”
William Rouhana Jr, Chicken Soup chief executive, meanwhile, said: "Our customers and fans are passionate about our brand."
"Going public affords our loyal fans and others the opportunity to participate in the growth of our video content business."
The IPO is being run by joint bookrunners HCFP/Capital Markets LLC, The Benchmark Company and Weild & Co.

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