Monday, May 19, 2014
GoPro Files For IPO
San Mateo-based action sports camera maker GoPro has filed for an IPO, saying that it is looking to raise $100M on the NASDAQ Global Select Market as GPRO. The company's IPO is being undewritten by J.P. Morgan, Citigroup, Barclays, Allen & Company LLC, Stifel, Baird, MCS Capital Markets, Piper Jaffray, and Raymond James. The company reported net income of $60.5M on revenues of $985.73M for the year ended December 31, 2013.