Infinity Financial Technology Prepares To Go Public On Nasdaq

INFINITY Financial Technology, the Mountain View, California-based risk management software vendor, is preparing to float on the US's Nasdaq electronic stock exchange.

The flotation comprises two million shares of common stock offered by the company and 350,000 shares held by existing stockholders.

Infinity hopes to raise just over $25 million as a result of its impending initial public offering (IPO), according to registration documents filed with the US's Securities and Exchange Commission (SEC)

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