PogoTec Launches IPO With Goal of Raising $32 Million


ROANOKE, Va.—Wearable device maker PogoTec, Inc. announced that its Regulation A+ Initial Public Offering of up to $32 million has been qualified by the SEC. The company, based here, has filed a NASDAQ Capital Market application in anticipation of a possible public listing of the stock at the conclusion of the offering. The application is subject to approval by the NASDAQ Stock Market LLC. Retail investors can now purchase equity in PogoTec at $11 per share, the company said.

WR Hambrecht + Co is acting as the sole and exclusive underwriter for PogoTec’s Regulation A+ Initial Public Offering. PogoTec will also be using Fundable.com to crowdsource the offering at www.fundable.com/pogotec.

VMAIL first reported in November, 2017 that PogoTec was planning an IPO.