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Digital identity solutions company SuperCom files for a $26 million NASDAQ listing

Posted
8/26/2013 10:10:00 AM
By: Renaissance Capital
Referenced Stocks:

SuperCom, a leading global provider of traditional and digital identity solutions, filed on Monday with the SEC to raise up to $26 million in an initial public offering. SuperCom's shares currently trade on the OTC markets under the ticker SPCBD. The Herzliya, Israel-based company, which was founded in 1988 and booked $9 million in sales for the 12 months ended March 31, 2013, plans to list on the NASDAQ under the symbol SPCB. SuperCom has yet to announce the bookrunners on the deal. No pricing terms were disclosed.