On lunges forwards with IPO
Zurich-headquartered performance footwear and running apparel brand On recently filed for an initial public offering (IPO) with the US Securities and Exchange Commission.
The company, founded in 2010, revealed that it had applied to list its stock as “ONON” via the New York Stock Exchange.
It listed the size of the offering at a placeholder of $100 million, a figure that will inevitably change after terms are set for the sale of shares.