No date was set for the IPO, but the San Diego-based company said WR Hambrecht and Co. would be the lead manager of the offering. Roth Capital Partners would be co-manager.
"A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective," the company said in a statement. "These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective."
Last week, Lindows changed the name of its namesake operating system to Linspire in order to appease Microsoft, which has wrestled with the small Linux vendor in court for two years over trademark issues. Microsoft claimed LindowsOS was to close to Windows, the name of the software's giant's flagship operating system.
The two companies battled in courts in several countries, besides the U.S.
Lindows, however, has said it will continue the defense of its name in U.S. courts. The lawsuit is currently on hold as Microsoft awaits word on its appeal to the Ninth Circuit Court of Appeals. The smaller company denies its holding onto the name in order to squeeze a possible settlement out of Microsoft if the lawsuit goes Lindows's way.