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Monday, August 14, 2006

InnerWorkings (INWK) And Marathon Acquisition (MAQ.U) Planning IPO This Week

This week, only two firms are planning to go public.

InnerWorkings
InnerWorkings handles printing jobs for corporate clients. The company plans to offer 10.6 million shares - 7.1 million from InnerWorkings and 3.5 million from selling shareholders - priced at between $8 and $9 a share. The company will list on the Nasdaq under the ticker "INWK."

Marathon Acquisition
Marathon Acquisition is a so-called blank check company, which means it doesn't have any operating businesses of its own, but instead plans to acquire or merge with other companies.

Marathon plans to offer 37.5 million units, which are expected to price around $8 a share. Each unit represents one share of stock and one warrant. Each warrant allows a holder to purchase a share of stock at $6 a share at a later date. Marathon plans to list on the American Stock Exchange under the symbol "MAQ.U."

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