Beamr Imaging Ltd, video technology and image science software company, has filed Form F-1 Registration Statement on February 23, 2022 with the U.S. Securities and Exchange Commission to raise up to $50 million IPO. Pricing terms are yet to announce.
The company is a leading innovator of video encoding, transcoding and optimization solutions that enable high quality, performance, and unmatched bitrate efficiency for video and images. Their services help customers realize the potential of video encoding and media optimization to address business-critical challenges.
The Herzeliya, Israel-based company was founded in 2009 and booked $3 million in revenue for the 12 months ended December 31, 2021. It plans to list under the symbol “BMR,” though it has not yet chosen an exchange. ThinkEquity is the underwriter of the IPO.
The company engages McDermott Will & Emery LLP as US Securities Counsel, and Grant Thornton International Ltd as Independent Auditor.
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