Liftoff Mobile Inc., a mobile advertising platform backed by Blackstone Inc., has withdrawn its IPO filing. The company had previously postponed plans to raise up to $762 million. The decision comes amidst a challenging market for tech stocks.
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Blackstone-Backed Ad Tech Firm Liftoff Withdraws IPO Filing
Liftoff Mobile Inc., a mobile advertising platform backed by Blackstone Inc., has withdrawn its IPO filing. The company had previously postponed plans to raise up to $762 million. The decision comes amidst a challenging market for tech stocks.