Rosetta Stone To List

Finally an IPO is on the horizon in the US. With the last IPO in the country in early August, the Securities and Exchange Commission filing by Rosetta Stone has not gone unnoticed. The seller of language learning products said on September 23 that it will sell as much as US$115mn in common stock. The exact timing of the listing and pricing has not been disclosed. Rosetta spokesperson Katie Blixt Cody told CFW that the company was unable to comment on the IPO, but it is known that the proceeds will be used to repay debt.

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