Stingray Files to Sell Shares in Canada IPO


Stingray Digital Group Inc., a provider of streaming music through television and online, seeks to raise about C$120 million ($99 million) in an initial public offering, according to people familiar with the transaction.

The Montreal-based company will sell subordinate voting shares in Canada through the IPO, said the people, who asked not to be identified because the pricing terms aren’t public.

Stingray Digital offers music TV channels, smartphone apps and an online streaming service for consumers and businesses, according to a filing Friday with regulators…

Stingray Files to Sell Shares in Canada IPO

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