Netshoes, a leading sports and lifestyle online retailer in Brazil, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
The Sao Paulo, Brazil-based company was founded in 2000 and booked $534 million in sales for the 12 months ended December 31, 2016. It plans to list on the NYSE under the symbol NETS. Goldman Sachs, J.P. Morgan, Bradesco BBI, Allen & Company and Jefferies are the joint bookrunners on the deal. No pricing terms were disclosed.
