The Strong Entertainment Group subsidiary of Charlotte-based Ballantyne Strong Inc. has filed for an initial public offering that will spin it out of its parent as a separate company.

The filing does not price the stock nor say how many shares will be sold. That will be disclosed in later amendments. The new company is to be named Strong Global Entertainment Inc. and is intended to trade on the New York Stock Exchange under the symbol “SGE.”

Strong Entertainment manufactures premium, large-format…

The Strong Entertainment Group subsidiary of Charlotte-based Ballantyne Strong Inc. has filed for an initial public offering that will spin it out of its parent as a separate company.

The filing does not price the stock nor say how many shares will be sold. That will be disclosed in later amendments. The new company is to be named Strong Global Entertainment Inc. and is intended to trade on the New York Stock Exchange under the symbol “SGE.”

Strong Entertainment manufactures premium, large-format… Read MoreCharlotte Business News – Local Charlotte News | Charlotte Business Journal