© lavitreiu-dreamstime.com Electronics Production | May 20, 2014
GoPro goes public
The maker of the small action cameras has filed with US securities and Exchange Commission, planning to raise USD 100 million and will list on Nasdaq.
The California-based camera maker plans to raise USD 100 million in an initial public offering after releasing its filing documents with the Securities and Exchange Commission on Monday. In which we can see that the forth biggest shareholder is no other than EMS-giant Foxconn, or to be precise, Foxteq Holdings. No specific date of proposed sale to the public has been written down, and no information regarding the price of the share, nor how many that are expected to be sold were disclosed.