Ingram Micro, which owns a global ITAD division, has petitioned with federal regulators to re-enter the public market.
In late September, the Irvine, California-based electronics wholesaler filed a confidential application with the Securities and Exchange Commission (SEC) for a possible initial public offering (IPO). The corporation operates an ITAD subsidiary with more than a dozen locations in North America, as well as others in South America, Europe, and Asia.
An IPO would return Ingram Micro to U.S. stock exchanges, where its shares were traded until late 2016, when it was purchased by a Chinese group. The IPO date has not been declared.
The action indicates that Ingram Micro’s years of ownership changes will continue.