MNTN completes IPO of 13.455M shares at $16.00, raising $134.4M in gross proceeds

MNTN, Inc.

Closed IPO of 13,455,000 Class A shares at $16.00 per share on May 23, 2025.
Company sold 8,400,000 shares; gross proceeds of $134.4M before underwriting discounts and expenses.
Selling stockholders sold 5,055,000 shares (including full underwriter option); company received no proceeds from those.
Amended and restated certificate of incorporation and bylaws filed and effective upon IPO closing.

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