RealD Plans to Go Public

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RealD Inc., the 3-D technology company behind such hits as “Avatar” and “Clash of the Titans,” is planning a $200 million initial public offering.

The Beverly Hills company licenses three-dimensional stereoscopic technologies for use in 3-D theater projectors and viewer glasses. It said its technology is in use at more than 5,300 theaters in 51 countries.

Real D reported a net loss of $28.8 million on revenue of $96 million for the nine months ended Dec. 25, according to a late Friday filing with the U.S. Securities and Exchange Commission. The company, founded in 2003, has yet to show a profit. It plans to use proceeds from the IPO to repay debt and for general corporate purposes.

The company’s stock will be listed on the New York Stock Exchange under the symbol “RLD.” Pricing has not yet been released.

J.P. Morgan Securities Inc. and Piper Jaffray & Co. will act as joint book-running managers for the proposed offering.

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