Calif. – RealD, a provider of
digital 3D cinema projection systems, on Friday filed for an initial public
offering (IPO) of shares on the New York Stock Exchange that hopes to raise up
to $200 million. Beverly Hills, Calif.-based
RealD’s 3D projection systems have been deployed on more than 5,300 screens in
51 countries to date; its technology has been used to screen "Avatar,"
"Clash of the Titans" and other titles.
The company said that J.P.
Morgan and Piper Jaffray will act as joint book-running managers for the
RealD will use the proceeds from the offering to repay debt, recently
listed as $29.2 million, as well as for general corporate purposes.