Sonos could soon be worth around $2.5 to $3 billion USD. As multiple media outlets have noted, the popular, forward-thinking audio company has privately filed paperwork with the Securities and Exchange Commission that hint at an initial public offering. “The report says it’s likely Sonos would raise hundreds of millions of dollars in capital with an IPO, and that it’s market valuation may be around $2.5 to $3 billion as a result,” writes The Verge‘s Nick Statt. According to The Wall Street Journal, the IPO will hit the public spectrum in June.
- The Verge
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