Sonos prices its IPO to raise as much as $105M – TechCrunch

Sonos today took the next step in its initial public offering price, setting a range for the shares it intends to sell that will help calibrate the final amount of money — and valuation — that it will have when it begins its trading debut. This isn’t the final, final step in the IPO process, as this is usually done to test the waters and figure out the exact appetite for the company’s shares