Exchange Operator MIAX Seeks to Raise $315 Million in IPO (1)

Miami International Holdings Inc. is seeking to raise as much as $315 million in an initial public offering, potentially extending a flurry of listings.

The US exchange operator also known as MIAX plans to market 15 million shares for $19 to $21 each, according to its filing Monday with the US Securities and Exchange Commission.

At the top of that range, the company would have a market value of $1.67 billion based on the outstanding shares listed in its filing. Accounting for employee stock options, warrants and restricted stock units, the company would have a fully diluted value of roughly ...