Hylete, an online seller of fitness apparel and gear, on Tuesday filed with the Securities & Exchange Commission to raise up to $18 million in an initial public offering.
The Solana Beach, CA-based company was founded in 2012 and has sales of $12 million in sales for the 12 months ended March 31, 2019. The company plans to list on the New York Stock Exchange under the symbol HYLT.
Hylete filed confidentially on April 18, 2019. Maxim Group LLC is the sole bookrunner on the deal.
