Sonos prices IPO at $15 a share

sonos prices ipo at a share
Sonos prices IPO at $15 a share

Sonos sets IPO terms, to offer 13.9 million shares priced at $17 to $19 each

Sonos set terms for its initial public offering on Monday, saying in a regulatory filing that it plans to offer 13.9 million shares priced at $17 to $19 each. The maker of high-end speakers is planning to list on Nasdaq under the ticker symbol “SONO.” Morgan Stanley, Goldman Sachs, Allen & Co., RBC Capital Markets, Jefferies, KKR, Raymond James and Stifel are underwriters on the deal.

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