March 24, 2014 BY Gerald Segal
XLMedia upsizes IPO, shares soar on first day of trading
XLMedia has demonstrated that an IB / affiliate business model can be the base for a successful IPO. Gaming affiliate XLMedia (LON:XLM) has completed its IPO on the London Stock Exchange, and it was an absolute blowout. After raising more money than planned, and at a higher valuation (see table below), XLMedia saw a…
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