Peekay Boutiques, which operates 48 adult stores in the US selling lingerie and sex products, filed on Friday with the SEC to raise up to $50 million in an initial public offering and list on the Nasdaq.
It originally filed in May 2015 but had selected the OTC Bulletin Board. As a Nasdaq listing, we will now track Peekay as an IPO.
The Auburn, WA-based company, which was founded in 1981 and booked $40 million in sales for the 12 months ended December 31, 2014, plans to list under the symbol PKAY. No underwriters or pricing terms were disclosed.
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