Pogo Jet Sets IPO Terms A Year (Or So) Ahead of Commercial Operations

Pogo Jet Sets IPO Terms A Year (Or So) Ahead of Commercial Operations

In today's tough economic climate, high-tech firms have been taking flight when it comes to their planned IPOs-delaying them or canceling them outright (think Archemix, BG Medicine, and so on). But Pogo Jet, a Chicopee, MA-based jet charter service-aimed, no doubt, at least partly at the high-tech business set-is letting its IPO ambitions soar. The company, which plans to serve Northeast and select Canadian markets when it begins commercial operations in early 2009, has set its IPO terms-filing plans today with the SEC to offer 7 million common shares at between $12.50 and $16.50 per share.