Credit: Shutterstock photoLong Island Iced Tea Corp., a producer and distributor of a premium non-alcoholic iced tea beverage, filed on Friday with the SEC to raise up to $12 million in an initial public offering.
The Hicksville, NY-based company was founded in 2014 and booked $2 million in sales for the 12 months ended December 31, 2015. It plans to list on the Nasdaq under the symbol LTEA. Network 1 Financial Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Thirsty for an IPO? Long Island Iced Tea Corp files for a $12 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
