By Ben Glickman
Boustead Wavefront requested the withdrawal of its initial public offering filing with the Securities and Exchange Commission.
The company said in a letter to regulators that it had decided not to continue with its IPO.
In the most recent update to its draft registration about a year ago, the company said it planned to sell 1.27 million Class A shares for $6 each.
The Singapore-based firm said in filings it provides market entry and product development advisory services. The company, founded in 2017 as Wavefront Venture Labs, was acquired by asset manager Boustead & Company in 2021.
Write to Ben Glickman at [email protected]
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