Corsair last Friday filed to raise up to $86.25 million USD in IPO designed to help the firm offset recent losses.
The Fremont, CA firm said in its filing with the US Securities and Exchange Commission that it intends to trade on the NASDAQ exchange under the ticker symbol CRSR.
Founded in 1994, Corsair sells DRAM modules, USB flash drives and power supply units in more than 60 countries.
The move to go public follows $8.7 million losses on $325.6 million in revenue in 2009. The company hopes that the IPO money will increase awareness of the company, provide for capital expenditure and fund possible acquisitions of other firms or technologies.
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