Tech Company Inital Public Offerings
Sonos IPO
Based in Santa Barbara, Sonos is now a public company.
Transaction Overview
Company Name
Announced On
8/1/2018
Transaction Type
IPO
Amount
$208,500,000
Proceeds Purpose
We intend to use the net proceeds of this offering for working capital and other general corporate purposes. We may also use a portion of the net proceeds to acquire or invest in complementary businesses, products, services, technologies or assets. We will not receive any proceeds from the sale of shares of our common stock by the selling stockholders.
Company Information
Company Status
Publicly-held
Industry
Electronics
Mailing Address
223 E. De La Guerra
Santa Barbara, CA 93101
USA
Santa Barbara, CA 93101
USA
Phone
Website
Email Address
Overview
It's no surprise that all of us at Sonos (Nasdaq: SONO) are die-hard music fans. We too love to listen to salsa in the kitchen, techno in the office and rock in the garden. Which is why we worked so diligently and passionately to create the Sonos Digital Music System. It sounds great, looks amazing and works the way it should--easily and intuitively.
Management Team
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