MNTN, Inc. filed a Form S-1 registration statement for an initial public offering on 2025-02-28. It has amended it 4 times. It filed its final prospectus on 2025-05-22, at a public offering price of $16.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Class A common stock has been approved for listing on the New York Stock Exchange (the “NYSE”) under the symbol “MNTN.”From the 424B4 filed 2025-05-22
Offering price
The initial public offering price is $16.00 per share.From the 424B4 filed 2025-05-22
Use of proceeds
However, we currently intend to use the net proceeds from this offering for general corporate purposes, including to fund our growth, technology development, working capital, and operating expenses.From the 424B4 filed 2025-05-22
Revenue
Our revenue grew by 47.3% to $64.5 million for the three months ended March 31, 2025, from $43.8 million for the three months ended March 31, 2024, and by 27.9% to $225.6 million for the year ended December 31, 2024, from $176.3 million for the year ended December 31, 2023, driven by our unique and powerful value proposition, as well as our ability to efficiently attract new customers to the platform and increase usage for existing customers.From the S-1/A filed 2025-05-21
Net loss or income
For the three months ended March 31, 2025, we incurred a net loss of $21.1 million, compared to net loss of $15.7 million for the three months ended March 31, 2024.From the S-1/A filed 2025-05-21
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-02-28 | Registration statement filed | S-1 |
| 2025-03-12 | Registration statement amended | S-1/A |
| 2025-04-30 | Registration statement amended | S-1/A |
| 2025-05-14 | Registration statement amended | S-1/A |
| 2025-05-21 | Registration statement amended | S-1/A |
| 2025-05-22 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.