South African-based fleet management SaaS provider MiX Telematics files for US IPO

By
A A A

MiX Telematics, which provides fleet and mobile management SaaS solutions, filed on Wednesday with the SEC to raise up to $125 million in an initial public offering. The company is already listed on the Johannesburg Stock Exchange under the symbol MIX. 

The Midrand, South Africa-based company, which was founded in 1996, plans to list on the NYSE under the symbol MIXT. MiX Telematics initially filed confidentially on May 24, 2013. Raymond James and William Blair are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks:

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

Most Active by Volume

112,131,130
  • $74.98 ▲ 5.18%
57,963,905
  • $8.32 ▲ 8.33%
48,392,602
  • $3.45 ▼ 0.29%
45,276,527
  • $36.17 ▲ 4.21%
44,800,927
  • $17.84 ▲ 0.34%
44,539,649
  • $97.03 ▼ 0.16%
44,078,180
  • $15.62 ▲ 0.64%
43,461,551
  • $35.50 ▼ 1.06%
As of 7/24/2014, 04:04 PM