Itasca’s Gogo plans IPO of up to $100 million

Itasca-based Gogo Inc., a provider of in-flight connectivity and pioneer in wireless in-cabin digital entertainment solutions, filed plans for an initial public offering of up to $100 million common shares.

The company announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock.

The shares of common stock to be sold in this offering are proposed to be sold by Gogo Inc. and certain of its stockholders. The number of shares to be offered and the price range for the offering have not yet been determined.

The registration statement relating to these securities filed with the SEC has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

By allowing travelers to get online, in air, Gogo keeps them connected to life. Using Gogo’s exclusive network and services, passengers with laptops and other Wi-Fi enabled devices can get online on all domestic AirTran Airways, Virgin America and Alaska Airlines flights, on all domestic mainline Delta Air Lines flights and on select Air Canada, American Airlines, United Airlines, US Airways, and Frontier Airlines flights. Our subsidiary, Aircell, sells equipment and provides services for in-flight Internet connectivity and other voice and data communications services under our Gogo Biz and Aircell brands to the business aviation industry. Aircell’s customers include original equipment manufacturers of private jet aircraft, leading aftermarket dealers and all of the largest fractional jet operators.

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and UBS Securities LLC are acting as joint bookrunning managers for the offering, and Allen & Company LLC, Evercore Group L.L.C. and William Blair & Company, L.L.C. are acting as co-managers.