Yesterday, January 28, 2011, while Skullcandy founder Rick Alden was busy bringing together some of the most authentic, pioneers in snowboarding (Chuck Barfoot, Terry Kidwell, and Kelly Jo Kelly) for a poster signing at the company’s SIA Snow Show booth, other execs were filing a Form S-1 with the SEC.
What had been simply rumor and speculation was now official: Skullcandy is going public.
When we tweeted the news, Alden seemed surprised that the word was out. “Who told you that,” he asked. We just shrugged.
According to a story on Reuters Alden and his crew plan to raise $125 million in an initial public offering.
The underwriters are being led by Bank of America Merrill Lynch and Morgan Stanley. The shares are expected to trade on the Nasdaq under the symbol “SKUL.
Click here to read the entire S-1 filing. It’s long, but there are some interesting numbers in there including staff salaries, sales, etc. . .
