Hylete Inc., an online seller of fitness apparel and gear, announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed $18 million initial public offering of its Class A common stock.
The price range is expected to be between $8 and $10 per share. Hylete intends to list its Class A common stock on The NYSE American under the ticker symbol “HYLT.”
Maxim Group LLC will act as sole book-running manager and Westpark Capital, Inc. will act as co-manager for the proposed offering.
The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: Maxim Group LLC.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective.