Hylete files for IPO

Hylete, Inc., the fitness lifestyle company engaged in the design, development, manufacturing and distribution of premium performance apparel, footwear, and gear for men and women, has announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The price range is expected to be between 8 dollars and 10 dollars per share. Hylete intends to list its Class A common stock on The NYSE American under the ticker symbol "HYLT."

Maxim Group LLC will act as sole book-running manager and Westpark Capital, Inc. will act as co-manager for the proposed offering. The proposed offering will be made only by means of a prospectus.

Hylete was founded in 2012 by Ron L. Wilson and Matt Paulson. The company originally started off with one training short and grew into a full-scale apparel fitness line.

They have a successful history of raising money successfully conducting seven separate crowdfunding campaigns raising more than 9.77 million dollars from over 4,250 investors. Over the years they have acquired 165,000 customers.