Pogo Jet Withdraws IPO

Eleven months after delaying its planned IPO, Chicopee, MA-based Pogo Jet has officially withdrawn the deal. The charter jet service provider, what has yet to launch its fleet of VLJs, or very light jets, had hoped to sell 7 million shares of its common stock at between $12.50 and $16.50 per share.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.