This year, Gogo celebrated an IPO … but it was Bankrate’s, thanks to a promotion it ran with NYSE. This time around, however, the glory goes to Gogo. The provider of in-flight wireless internet access has filed its S-1 with the SEC. There are few details so far, although Renaissance Capital reports that the technology company is looking to raise $100 mn. The stock sold will come from Gogo and some of its shareholders, though the number of shares going on the block and the price range haven’t been determined yet.
The lead underwriters are Morgan Stanley, JP Morgan and UBS (the joint bookrunning managers), with Allen & Company, Evercore Group and William Blair acting as co-managers.
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Source: Gogo company statement (email)