ITG Targets $361 Million in Nasdaq IPO

With plans to offload 19.5 million shares at a valuation range of $19 to $22, Fort Lauderdale-based ITG is moving to solidify its footprint in the digital infrastructure market. The firm, which serves communications networks, aims to secure its public listing on the Nasdaq Global Select Market under the ticker ITG.

June 22, 2026, 04:34 PM 990 0

At the $20.50 midpoint of the proposed range, the company anticipates net proceeds hitting $361 million. This figure could climb to $417.4 million should underwriters capitalize on an option to purchase an additional 2.17 million shares.

Despite the public offering, control remains concentrated. Oaktree Capital Management, a subsidiary of Brookfield Asset Management, acquired the company in late 2021 and will retain over 80% of voting power following the debut.

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