June 25 Wearable sports camera maker GoPro Inc's
initial public offering was priced at $24 per share, an
underwriter said, valuing the company at up to $2.96 billion.
GoPro's IPO raised about $427.2 million, after the offering
of 17.8 million class A shares was priced at the top end of the
expected range of $21-$24 per share.
The San Mateo, California-based company sold 8.9 million
shares in the IPO, while the rest were offered by selling
J.P. Morgan, Citigroup and Barclays are the lead
underwriters of the IPO.
(Reporting by Neha Dimri in Bangalore; Editing by Kirti Pandey)