Sonos Sees Successful IPO
socalTECH
AUGUST 3, 2018
Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. Sonos is backed by KKR, as well as Index Ventures and Redpoint Ventures. Sonos, which priced at $15.00 per share on Wednesday night, closed at $19.91
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