Skullcandy, Inc. has filed a Form S-1 with the SEC, which means that they want to have an initial public offering (IPO) of their common stock. The price and number of shares are not yet known. BofA Merrill Lynch and Morgan Stanley are acting as joint book-running managers for the IPO. Skullcandy primarily sells headphones and other audio accessories.

Rapper Snoop Doggy Dogg is coming out with a new pair of headphones through a partnership with Skullcandy. The new headphones will be called Snoop Crusher and the design pattern is a bandana. The colors come in black or blue. Built in will be two 30mm neodynium magnetic speakers with two mini-subwoofers. The headphones will cost about £64.99 which comes out to be less than Dr. Dre’s Monster Beat headphones. Any bets on which rapper will make the next headphones? My guess is P. Diddy.

[via StuffTV]