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Online fitness apparel retailer Hylete files for an $18 million IPO

August 6, 2019
HYLT

Hylete, an online retailer that provides fitness apparel and gear, filed on Tuesday with the SEC to raise up to $18 million in an initial public offering.

The Solana Beach, CA-based company was founded in 2012 and booked $12 million in sales for the 12 months ended March 31, 2019. It plans to list on the NYSE American under the symbol HYLT. Hylete filed confidentially on April 18, 2019. Maxim Group LLC is the sole bookrunner on the deal.