The fast-growing Swiss sneaker company filed an F-1 registration statement with the SEC for an initial public offering in the U.S., revealing that revenues grew 59% in the pandemic year to CHF 425.3 million. Until the hiccup in 2020, On boasted an 85% CAGR since its inception. The size and pricing of the IPO have yet to be revealed, with a placeholder of $100 million for the proposed maximum aggregate offering price. On was valued at almost $2 billion after its last funding round in April, Reuters reported, with rumors of a planned public offering flying ever since. Goldman Sachs, ... Log in to view full article.