Comic publisher, graphic novels and art books IDW Media Holdings attracted 9 million dollars, releasing 2,5 million shares in 3,60 dollars - below the closing price of its shares OTC (IDWM), constituted 3,95 dollar. The company offered at 0,25 million shares more, than planned. Taking into account the actual price of the IPO, the market value of the company was 45 million dollars.
The business of IDW Media Holdings includes two main areas: IDW Publishing - publishing house, which produces comics, graphic novels, digital content and games; and IDW Entertainment, which seeks to transform works, published by, first of all, IDW Publishing, in TV series. In January 2020 of the Year IDW Publishing and the Smithsonian Institution Announce Multi-Year Global Publishing Program, within which a library of graphic novels will be created, based on the cultural and scientific knowledge of the world's largest museum, educational and research complex.
IDW Media Holdings plans listing on the stock exchange NYSE under the ticker IDW. EF Hutton became the sole organizer of the share issue.
