WSJ: The wearable video camera maker plans to offer $100 million in shares, while current shareholders will sell the remaining $700 million.
WSJ: The wearable video camera maker plans to offer $100 million in shares, while current shareholders will sell the remaining $700 million.
GoPro has built a loyal following among fans of its rugged, sports-oriented cameras and accessories that allow auteurs to strap these devices to a helmet or the front of a bicycle. Thanks to strong sales growth in recent years, GoPro’s cameras were the No. 1 selling camcorders in the U.S. by sales and units in 2013, according to its IPO prospectus. The money raised will be used for general corporate purposes, including to fund acquisitions and infrastructure investments.
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