MPM HOLDINGS INC. (OTCMKTS:MPMQ) Files An 8-K Other EventsItem 8.01 Other Events
MPM Holdings Inc. (OTCQX: MPMQ) today announced that it has decided to postpone its planned initial public offering due to adverse market conditions. A copy of the News Release is being furnished as Exhibit 99.1 to this current report.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
Momentive Performance Materials Inc. ExhibitEX-99.1 2 ex991postponementofinitial.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Momentive Performance Materials Inc.260 Hudson River RoadWaterford,…To view the full exhibit click here
About MPM HOLDINGS INC. (OTCMKTS:MPMQ)
MPM Holdings Inc. (Momentive) is a holding company. The Company, and its subsidiary, Momentive Performance Materials Inc. (MPM), together with their subsidiaries, are producers of silicones, silicone derivatives and organofunctional silanes, and are engaged in the development and manufacture of products derived from quartz and specialty ceramics. It operates through two segments: Silicones and Quartz. Its subsidiary, MPM Intermediate Holdings Inc. (Intermediate Holdings), is a holding company for its subsidiary, MPM, and its subsidiaries. Its products are used in various applications and are sold into diverse markets, such as industrial, building and construction, transportation, agriculture, electronics, healthcare, personal care, semiconductor and fiber optics. The Company has approximately 24 production sites located around the world. Through this network of production facilities, the Company serves customers between its Silicones and Quartz businesses in over 100 countries.