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GoPro is going public, with the required paperwork now filed

GoPro has filed its confidential IPO paperwork, is going public soon.

@anthony256
Anthony Garreffa
Published Fri, Feb 7 2014 9:32 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Action camera maker GoPro has just filed the required paperwork to see the company push toward an initial public offering, or IPO. In GoPro's statement, it said that the IPO is expected to commence after the SEC completes the review process of their confidential submission.

GoPro is going public, with the required paperwork now filed | TweakTown.com

Because of the confidentiality, there's no details on GoPro's financial state, as the company has less than $1 billion in annual sales, the IPO can be confidential. During an interview with Forbes last year, GoPro founder and CEO Nick Woodman said that the company sold 2.3 million cameras in 2012, pulling in more than $520 million.

GoPro's financial information will remain confidential until it gets closer to its shares being traded.

NEWS SOURCE:techspot.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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