Fender has been corporate-backed by Japan's Yamano Music and Kanda Shokai Corporation since the 1980s.
Fender Musical Instruments Corporations said on Monday it plans to sell 10.7 million shares at between $13 per share to $15 per share, which could see it raise up to $160.5m.
The company plans to list on Nasdaq under the symbol FNDR.
Its largest shareholders at the moment are venture firm Weston Presidio (42.92%), and Japan-based corporations Yamano Music (14.2%), Kanda Shokai Corporation (12.85%), the trust of William Schultz, once called “the man who saved Fender” by news provider the…
