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CEX: Has secretly submitted a draft registration for the proposed IPO to the US SEC.
On November 19, according to an official announcement, Payward, Inc. (operating under the name “CEX”) announced that it has secretly submitted an S-1 registration draft to the U.S. Securities and Exchange Commission (SEC) regarding its proposed initial public offering (IPO) of common stock. The number of shares to be issued and the price range have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process and will depend on market and other conditions.