GoPro’s range of sports cameras have become very popular, and now the company has announced that it is going to take the company public, and has filed an IPO.
According to TechCrunch, GoPro had originally planned to file an IPO back in 2012, this was before its $200 million private investment round.
GoPro, Inc. announced today that it plans to conduct a registered initial public offering of its common stock. The offering is expected to commence after the SEC completes the review process initiated by GoPro’s confidential submission on Friday February 7, 2014 of its draft registration statement.
As yet not many details about the IPO have been released, the company had revenue of around $500 million in 2012, and the 2013 revenue is rumored to be around the $1 billion mark.
Source TechCrunchFiled Under: Technology News