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After botched IPO, Asian streaming startup M17 gets a $35M lifeline from investors

4 monthes ago   |   By TechCrunch

Asian tech company M17, which operates a live-streaming platform and data app business, has confirmed that it has canceled its proposed U.S. public listing and raised private funding to keep its business alive.
The Taiwan-based company dramatically halted its NYSE listing last Friday despite pricing its IPO, and now it has clarified the situation. Well, sort of. In an announcement , the company said it had run into “settlement issues” related the listing which is why it was called off.
That's fairly vague, but a little more color came from founder Jeffrey Huang, who lashed out at...
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