BRIEF-Intermedia Cloud Communications Says Delaying IPO

Reuters

2021/04/01

March 31 (Reuters) -

* INTERMEDIA CLOUD COMMUNICATIONS SAYS IT DELAYS INITIAL PUBLIC OFFERING

* INTERMEDIA CLOUD COMMUNICATIONS - DUE TO CHALLENGING CURRENT CONDITIONS IN THE MARKET FOR IPOS, CO DECIDED TO POSTPONE PLANNED IPO

* INTERMEDIA CLOUD COMMUNICATIONS - SEEING ADVERSE CONDITIONS IN CURRENT IPO MARKET THAT IT BELIEVES WOULD LIMIT THE OPPORTUNITY OF IPO AT THIS TIME

* INTERMEDIA CLOUD COMMUNICATIONS- WE WILL CONTINUE TO MONITOR THE MARKET FOR MORE STABLE AND FAVORABLE IPO CONDITIONS

Source text for Eikon:

((Reuters.Briefs@thomsonreuters.com;))

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