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OTG Files Registration For IPO

OTG Management filed a registration statement with the Securities and Exchange Commission for the proposed initial public offering of common stock of OTG EXP, Inc. Once the proposed offering is complete, OTG EXP, Inc. will become the parent corporation of OTG.

The lead joint book-running managers for the proposed offering are Morgan Stanley and Credit Suisse. Barclays is acting as the active book-running manager. BMO Capital Markets and KeyBanc Capital Markets are acting as book-running managers. Co-managers for the proposed offering are Securities LLC, Fifth Third Securities and Maxim Group LLC.

It has yet to be determined how many shares will be sold and what the price range for the proposed offering will be. The stock will run under the ticker symbol OTG on the NASDAQ Global Select Market.

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