TECH CRUNCH - June 7 - M17 Entertainment, a Taipei-based live streaming and dating app group, priced its IPO this morning on the NYSE and was expected to open trading today. But with just a little more than two hours to go before market closing, it's still not trading, and no one seems to know why. M17 has had a rocky non-debut so far. Originally targeting a fundraise of $115M of American Depository Receipts (shares of foreign companies listed domestically on the NYSE), the company concluded its roadshow raising less than half of its target, for a final investment of $60.1M. The company priced its ADR shares at $8 each. The company's main product is a live-streaming product where creators can build their fan bases and brands. Fans can purchase virtual gifts to send to their favorite artists.