APS Healthcare Withdraws IPO

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst

Industry News

APS Healthcare Inc. withdrew its $46 million initial public offering (IPO) on October 3, 2002, due to "current market conditions," according to a letter to the Securities and Exchange Commission (SEC). APS filed a new S-1 registration form with the SEC on April 23, 2002, as a preliminary step to an IPO. APS had filed its first preliminary prospectus for an estimated $46 million offering with the SEC in January of 2001, but later delayed its IPO project in . . .