Monday, July 18, 2011

Skullcandy Increases IPO Size

Salt Lake City-based Skullcandy, the audio headphone and electronics accessories maker, has upped its IPO size, ahead of an expected IPO on Wednesday. Skullcandy said Monday in a filing that it has increased its offering to 8,489,825 shares, up from an earlier, 8,333,334 shares. The firm has estimated an IPO at between $17.00 and $19.00 per share. The new offering size would raise around $185.5M at $19.00 per share for the firm.