Apps & Software
Another IPO Withdrawn: Valor Computerized Systems
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Valor Computerized Systems Ltd. has filed to withdraw its IPO plans with the SEC. No terms had ever been finalized, but this IPO was said to be for as much as $80.5 million in stock. This Israeli software operation filed for an IPO in early 2008 and underwriters were listed as Thomas Weisel, Oppenheimer, William Blair, and Collins Stewart. You can guess why this IPO was withdrawn: because of unfavorable market conditions that would adversely affect the offering…..
Jon C. Ogg
March 24, 2009
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