Credit: Shutterstock photoGDC Technology, a China-based provider of digital cinema servers backed by Carlyle, filed on Wednesday with the SEC to raise up to $75 million in an initial public offering. The North Point, Hong Kong-based company, which was founded in 1999 and booked $117 million in sales for the year ended December 31, 2012, plans to list on the NASDAQ under the symbol GDCT. The company filed confidentially on December 27, 2012. Barclays, Jefferies, and Piper Jaffray are the joint bookrunners on the deal. No pricing terms were disclosed.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
