Credit: Shutterstock photoGoPro, the leading producer of wearable activity cameras, filed on Monday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder. The San Mateo, CA-based company, which was founded in 2004 and booked $966 million in sales for the 12 months ended March 31, 2014, plans to list on the NASDAQ under the symbol GPRO. GoPro initially filed confidentially on February 7, 2014. J.P. Morgan, Citi and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
