We have investigated the electronic structure and the Fermi surface of SnO using density functional theory (DFT) calculations within recently proposed exchange-correlation potential (PBE+mBJ) at ambient conditions and high pressures up to 19.3 GPa where superconductivity was observed. It was found that the Sn valence states (5s, 5p, and 5d ) are strongly hybridized with the O 2p states, and that our DFT calculations are in good agreement with O K -edge X-ray spectroscopy measurements for both occupied and empty states. It was demonstrated that the metallic states appearing under pressure in the semiconducting gap stem due to the transformation of the weakly hybridized O 2p -Sn 5sp subband corresponding to the lowest valence state of Sn in SnO. We discuss the nature of the electronic states involved in chemical bonding and formation of the hole and electron pockets with nesting as a possible way to superconductivity. PACS: 74.20.Pq, 74.70.Ad, 74.62.Fj, 78.70.En Guided by research in iron pnictides, superconductivity was observed recently in the layered (α-PbO-type) crystal SnO at high pressure with T c = 1.4 K and B c2 = 0.6 T at P = 9.3 GPa [1]. It was found that electronic structure of SnO at 7 GPa is that of a metal with a hole pocket at the Γ-point and electron pockets at the M-point of Brillouin zone, i.e. both the crystal and electronic structure are similar to those of superconducting iron pnictides (FeAs and FeSe-based compounds) [1]. On the other hand, unlike the iron pnictides, SnO is nonmagnetic and does not show any structural phase transitions up to P = 19.3 GPa [2].Thus far, the available electronic structure calculations of SnO at high pressure have been performed for high pressures up to 10 GPa (where V/V 0 =0.90) and have been limited to calculation of the E(k) dispersion curves [1,3,4,5]. The minor role of Sn 5p states near the Fermi level at ambient pressure was examined by Watson [6], he showed that these states are shifted to lower energies due to the hybridized combination of the O 2p and Sn 5s states just below the Fermi level to provide stability for the litharge structure.The superconductivity of SnO and layered iron pnictides is increasingly being examined from the perspective of the Fermi surface which is often calculated by density functional theory (DFT). Because the superconductivity of SnO arises during a semiconductor to 1)