Smile Brands IPO canceled on weak pricing-underwriter

NEW YORK, May 6 (BestGrowthStock) – Smile Brands Group Inc
(GRIN.N: ), which provides support services for U.S. dentists,
canceled its initial public offering on Thursday, according to
an underwriter.

The sponsor decided not to move forward with the offering
as it would likely price at $14 per share, below the $16 to $18
range. The offering was expected to sell 7.35 million shares.

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(Reporting by Clare Baldwin, editing by Maureen Bavdek)

Smile Brands IPO canceled on weak pricing-underwriter