News - 09/04/2018

Sonos: are there plans for an IPO in the future?

Sonos: are there plans for an IPO in the future?

Sonos might be the next music-related company to be launched on the public markets, after Spotify.

Indeed, some of its recent recruitment ads spotted by "Variety" hint at an IPO in the future. One, for a "corporate controller", specifically requests “current public company experience as a controller or assistance controller”. Sonos is also looking for a general counsel with experience at “a multi-billion dollar public company”, and as the corporate-controller ad explains, is putting in place financial rules (‘SOX 404 compliance’) that is usually a precursor to a private company going public, according to "Music Ally".

Sonos’ spokesperson asked for comment by Variety, answered:

We like where our business is and an IPO is something all tech companies think about.

© 2024 All rights reserved. Rockol.com S.r.l. Website image policy

Rockol

  • Rockol only uses images and photos made available for promotional purposes (“for press use”) by record companies, artist managements and p.r. agencies.
  • Said images are used to exert a right to report and a finality of the criticism, in a degraded mode compliant to copyright laws, and exclusively inclosed in our own informative content.
  • Only non-exclusive images addressed to newspaper use and, in general, copyright-free are accepted.
  • Live photos are published when licensed by photographers whose copyright is quoted.
  • Rockol is available to pay the right holder a fair fee should a published image’s author be unknown at the time of publishing.

Feedback

Please immediately report the presence of images possibly not compliant with the above cases so as to quickly verify an improper use: where confirmed, we would immediately proceed to their removal.