Wearable camera maker GoPro files to go public

A GoPro Hero 3+ camera
David Paul Morris | Bloomberg | Getty Images
A GoPro Hero 3+ camera

GoPro, which makes wearable action cameras and accessories, filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock.

J.P. Morgan, Citigroup and Barclays are the lead underwriters of the IPO, the San Mateo, California-based company told the U.S Securities and Exchange Commission in a preliminary prospectus.

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The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

The company applied to list its Class A common stock on the NASDAQ under the symbol "GPRO."

—By Reuters