Sonos files to raise up to $100M in IPO

Smart speaker maker Sonoshas filed to go public.
In the filing, the company says it’s aiming to raise up to $100 million in the IPO. However, that number may simply be a placeholder, or it could change as the IPO approaches.
Sonos says that as of March 31, it’s sold a total of 19 million products to 6.9 million households, with customers listening to 70 hours of content each month.
Revenue is growing — in the six months ending on March 31, the company brought in $655.7 million,