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Tuesday, July 6, 2004
JAMDAT Files for IPO
Los Angeles-based JAMDAT Mobile has filed for an IPO. The company is looking to raise up to $86.25M. According to the company's IPO filing, it had a loss of $7.0M on revenues of $13.47M in 2003. For the three months ending March 31, the company earned 738,000 on revenues of $7.0M. JAMDAT develops wireless entertainment applications including games and ring tones. The offering is being underwritten by Lehman Brothers, Merrill Lynch, and UBS Investment Bank.
posted on Tuesday, July 6, 2004 (Link to more information)
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