The Chevron-backed data filing firm is hoping it will be second time lucky, after it pulled a previous IPO during the financial crash in 2008.
US-based data storage device manufacturer BlueArc plans to raise up to $100m in its US flotation.
BlueArc intends to list on Nasdaq or on the New York Stock Exchange. The company previously filed with the Securities and Exchanges Commision (SEC) for an initial public offering (IPO) of up to $103.5m in 2007, only to withdraw its application in November 2008 due to marketing conditions. Lehman Brothers, which collapsed that year, was acting as one of the underwriters of that pulled…
