DERMAdoctor LLC, a Kansas City-based skin care company, no longer is pursuing an IPO, CEO Dr. Jeff Kunin told the Kansas City Business Journal.
Kunin cited “rocky” market conditions and a reduced need for capital as reasons to pull the plug on the IPO. The company initially decided to go public because it wanted the extra capital to accelerate growth.
The company filed to go public with the Securities and Exchange Commission in May, seeking an initial public offering of $13.2 million…
