Corsair's introductory share price is up to $1.65 billion.

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Corsair's introductory share price is up to $1.65 billion.

Corsair believes it is worth around $1.65 billion, based on the numbers associated with its initial public offering (IPO). As part of the offering, the company plans to sell 14 million shares at $16 to $18 a share, which equates to $224 million to $252 million.

This includes 7.5 million shares by Corsair and 6.5 million shares from seller shareholders; according to Market Watch, the company has 91,849,366 shares outstanding, which in stock trading terms includes shares sold to the public and shares reserved for employees.

"The offering is subject to market conditions and no assurances can be made as to whether or when the offering will be completed or as to its actual size or terms," Corsair said.

In other words, the market will determine what Corsair's shares are actually worth, and in turn, the market will determine the value of the company (based on the share price and not necessarily the market capitalization).

Not bad for a company best known for its line of gaming peripherals such as keyboards and mice; Corsair started out selling memory and has since expanded into all kinds of PC hardware, including power supplies, storage products, and streaming gadgets.

In related documents filed with the U.S. Securities and Exchange Commission, Corsair revealed that it generated nearly $1.3 billion in revenue last year, but "only" $31 million in profits.

Corsair has also expanded its reach over the years by acquiring a variety of companies, including boutique builder Origin PC, high-end controller maker Scuf Gaming, and streaming product maker Elgato.

Corsair trades under the NASDAQ symbol CRSR.

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