Imax Corp., the large-format film innovator, plans to join the throng of public film companies. The Canadian-based, American-owned company filed a statement April 11 with the Securities and Exchange Commission in Washington, d.c. proposing an initial public offering of 3,250,000 common shares.

Jennifer Rae, Imax director of communications, confirms the company intends to apply for listing on nasdaq in the u.s., and ‘at an appropriate time in the future,’ will apply to be listed on the Toronto Stock Exchange. She says it will take about two months until Imax is trading.

Regarding a rumor of private placement in Canada concurrent with the public offering in the u.s., Rae says: ‘It’s our understanding that neither the underwriters nor Imax has plans for a placement at the moment.’

The offering will be managed by three u.s. companies: Goldman, Sachs and Company, Donaldson, Lufkin and Jenrette Securities Corporation and Wasserstein Perella Securities.

In March, Imax completed a merger deal with The Trumbull Company in the u.s. that culminated with a buyout of both companies by u.s.-based WGIM Acquisition Corporation. PC