Quick Take
Hylete (HYLT) has filed to raise $17.25 million in an IPO of its Class A shares, according to an S-1 registration statement.
The firm designs and sells sports apparel to consumers primarily located in the United States.
HYLT has produced uneven growth results and is operating in the highly competitive U.S. sports clothing market.
Company & Technology
Solana Beach, California-based Hylete was founded to be a ‘digitally native, fitness lifestyle company engaged in the design, development, manufacturing, and distribution of premium performance apparel.’
Management is headed by President, CEO, and