Stitch Fix files for IPO
Stitch Fix, Inc., an online personalized styling service, has announced they have filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Stitch Fix intends to list its Class A common stock on the NASDAQ under the ticker symbol “SFIX.”
Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will act as lead joint book-running managers for the offering, Barclays Capital Inc. and RBC Capital Markets, LLC will act as book-running managers for the offering and Piper Jaffray & Co., Stifel, Nicolaus & Company, Incorporated and William Blair & Company, L.L.C. will act as co-managers for the offering.
The offering will be made only by means of a prospectus.
Founded in 2011 by Katrina Lake, StitchFix delivers one-to-one personalization services through the combination of data science and human judgment. Today, the company employs more than 5800 people worldwide.