Sonos to Raise Up to $264 Million in Initial Public Offering
https://finance.yahoo.com/news/sonos-raise-264-million-initial-103036767.html
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The total market valuation of Sonos at $19 a share would be $1.87 billion. Sonos was targeting a valuation of $2.5 billion to $3 billion in the IPO, people familiar with the matter said in April. The company and has been led by Patrick Spence since January 2017, and its products are now in about 7 million households worldwide.