Skullcandy has raised a total of $125 million in an initial public offering (IPO), Reuters reports. The headphones maker’s shares are expected to trade on the NASDAQ. Bank of America Merrill Lynch and Morgan Stanley are the lead underwrites for the offering. Skullcandy’s net sales grew 35.7% to $95.9 million in the nine months ended Sept. 30, compared with the year-earlier period.
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