Files Registration Statement for Proposed Initial Public Offering

The interactive services specialist applied to list its common stock on NASDAQ under the ticker symbol ALRM.

VIENNA, Va. – The owners of are preparing to take the company public, announcing on Friday (May 22) a Form S-1 has been filed with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock.

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According to a press release, the number of shares to be sold and the price range for the proposed offering have not yet been determined; however, posted the S-1 shows registration for a $75 million IPO., which sells interactive home security systems controlled by smartphone applications, applied to list its common stock on NASDAQ under the ticker symbol ALRM.

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Goldman, Sachs & Co., Credit Suisse Securities and BofA Merrill Lynch are acting as joint book-running managers for the proposed offering. Stifel, Raymond James & Associates, William Blair & Company and Imperial Capital are acting as co-managers. was bought out of data warehousing group MicroStrategy in 2009 by ABS Capital. In 2012, Technology Crossover Ventures took a minority stake in the business for $136 million.

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