Singapore-based digital building advertising company Focus Media Network (FMSN.US) plans to raise $25 million, with IPO pricing ranging from $4 to $6.

According to Smart Finance APP, Focus Media Network (FMSN.US), a Singapore-based operator of digital advertising screens in commercial buildings, submitted a listing application to the U.S. Securities and Exchange Commission (SEC) on Wednesday, seeking to raise up to $25 million in its initial public offering (IPO). The company plans to issue 5 million shares at a price range of $4 to $6 per share, raising $25 million. Based on the midpoint of the proposed price range, Focus Media Network's market capitalization will reach $100 million.