The apparel and footwear company’s filing with the Securities and Exchange Commission on Feb. 14 reports it plans to raise $100 million in common stock.
CEO Jeff Harmening said the company is “innovating in new product forms that command premium price points,” which includes a box of Morning Summit cereal priced for a cool $13.
Bosch has consolidated its activities centered on the internet of things in a new subsidiary, containing more than 900 employees focused on retail, manufacturing and consumer goods, among other sectors.