Advertising technology company AcuityAds Holdings Inc., which trades on the Toronto Stock Exchange, filed for a U.S. initial public offering.
AcuityAds is also offering stock in Canada. Overall, it expects to offer $50 million in Canada and the U.S.
On May 11, the company said a Nasdaq listing was “an appropriate next stage” in its capital markets strategy. It said an application was in progress and expected a listing would “be possible in the coming weeks.”
The company filed for a Nasdaq Capital Market listing under the symbol AT.
Last week, AcuityAds announced board changes and said Chief Financial Officer Jonathan Pollack will retire later this calendar year.