Snap One Holdings Corp.

Snap One Holdings Corp. (SNPO) priced its initial public offering on Jul 29, 2021 at $18.00 per share, within its $18.00–$21.00 range, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.35B. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan, Jefferies and UBS and others. Simpson Thacher advised the company and Latham & Watkins advised the underwriters.

Snap One Holdings Corp. operates through Wirepath Home Systems, supplying home technology products and support to a network of integrators. It aims to grow in adjacent security and commercial markets as well as internationally.

Status

IPO

Ticker

SNPO

Exchange

Nasdaq Global Select

Priced

Jul 29, 2021

IPO price

$18.00

Price range

$18.00–$21.00

Market cap at IPO price

$1.35B

First filed

Jul 2, 2021

Underwriters

Morgan Stanley, J.P. Morgan, Jefferies, UBS, BMO Capital Markets, Raymond James, Truist, William Blair, Drexel Hamilton, R. Seelaus and Siebert Williams Shank

Company counsel

Simpson Thacher

Underwriters' counsel

Latham & Watkins

Sector

Technology

Country / state

NC

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.