San Francisco online dating company Zoosk has submitted a regulatory filing to withdraw its plan to go public and raise $100 million in an initial public offering.

The company submitted its request on May 4, and it carries today’s date.

“Since the time we filed, the market condition around comparables that would be used to help value our company, like Angie’s List and, have not performed well,” Zoosk chief executive Kelly Steckelberg said in a statement a company spokesman provided to VentureBeat in an email. “While the overall market might seem receptive to a public offering, subscription businesses have suffered.”

The filing itself doesn’t explain Zoosk’s reasoning behind the move.

Zoosk started in 2007 and pulled in $178.2 million in revenue in 2013, with a $2.6 million loss, according to last year’s form S-1 from the company.


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