Sonos Listed on NASDAQ, Modified the Ringing Sound
The share price soared 32.73% to close at $19.91.
Sonos was officially listed on NASDAQ on August 2, under the ticker symbol SONO, which marks Sonos' new process.
Sonos submitted an IPO offer to the US Securities and Exchange Commission on July 6 this year. The issue price will be set at $17 to $19 per share on July 24. A maximum of $264 million can be raised, and the market value of Sonos will be around $1.9 billion at a price of $19.
Yesterday, Sonos officially listed on the NASDAQ, the IPO issue price was finally set at $15 per share, slightly lower than previously expected. According to the final issue price, Sonos's valuation is about $1.5 billion.
In the process of listing Sonos, there is also an interesting episode - Sonos has modified the sound of the ringing clock.
Sonos is a company dedicated to smart wireless audio. The internal sound experience team is undoubtedly strong. Team leader Giles Martin has won the Grammy Award as a producer. He co-founded with Nasdaq a new listing bell.
Sonos has also made rapid progress in China. In March of this year, it cooperated with Rokid. In July, Rokid mini was able to control Sonos products, and then more domestic voice assistants will be stationed.
（Source: JJGLE.COM）
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