GoPro is going public

GoPro, which makes wearable video cameras used by athletes to record their exploits, will go public, the New York Times reports.

Like Twitter, the company is using a new rule that allows smaller companies to file a confidential IPO, meaning potential investors won’t have much operating information until soon before trading starts.

Read: Twitter announces IPO in a tweet

In a statement, the company said it filed its registration application with the SEC Feb. 7.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.