Wearable camera maker GoPro files to go public
Published on May 20, 2014 6:31 AM
(REUTERS) - GoPro, which makes wearable sports cameras and accessories, filed with US regulators on Monday to raise up to US$100 million (S$125 million) in an initial public offering of common stock.
J.P. Morgan, Citigroup and Barclays are the lead underwriters of the IPO, the company told the USSecurities and Exchange Commission in a preliminary prospectus.
GoPro, founded in 2004, sells its products through specialty retailers who target surf, ski and motorsports enthusiasts.
The San Mateo, California-based company's cameras are also used by the Discovery Channel, ESPN and other networks.
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