The sports/action camera maker is looking to raise $187M-$213M by selling 8.9M new shares. Another 8.9M will be sold by existing holders, including 3.56M from founding couple Nicholas and Jill Woodman. Underwriters have a 2.67M-share overallotment option.
At the midpoint of its range, GoPro is valued at 2.8x 2013 sales, and 46x 2013 earnings. Both sales and earnings rose 88% last year.