Since originally filing their S-1 with the Securities Exchange Commission on January 28, 2011 Skullycandy has gone through a few changes. First, founder and CEO Rick Alden resigned, then the company filed a series of amendments to their original filing. Yesterday, (July 6, 2011) they filed their fourth amendment the S-1, according to a post on Jeff Harbaugh’s Market Watch.
It appears they postponed it due a rough patch in the market. Smart. . . They list the maximum offering price as $19 a share. They are registering 9,583,334 shares and if they sell all of those, the offering will raise a bit over $182 million. But that includes the underwriters optional over allotment of 1,250,000 shares and is before expenses.
For the rest of Harbaugh’s analysis click the link.
[Link: Market Watch]
cannot wait
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