The company, which allows users to rent video games by mail, currently has 334,000 subscribers, with sales of $46.4 million for the six-month period ended Sept. 30.
It also operates a portfolio of video-game Web sites.
Gamefly plans to come to market at a time where IPOs have been weak. This week, alone, all of the companies that have come to market have missed expectations for pricing.Terreno Realty (TRNO - Get Report), Piedmont Office Realty Trust (PDM - Get Report) and Solar Capital (SLRC - Get Report) priced shares below forecasts. -- Reported by Jeanine Poggi in New York. Follow TheStreet.com on Twitter and become a fan on Facebook.