Https Variety Com 2024 Digital News Reddit Ipo Stock Listing Valuation 1235938118
Web The higher valuation number amounts to about eight times Reddits 2023 full-year revenue of 804 million. Web Reddit would be valued at up to 64 billiondown from a 10 billion private valuation in 2021..
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On Monday in an update to its S-1 filing with the SEC Reddit said it will offer 22 million shares expected to be listed at an IPO price of between 31. Reddit the social media company known for hosting web forums on topics from the mainstream to the extremely obscure aims to raise up to. Reddit is aiming for a valuation of up to 64 billion in its US Initial public offering IPO the social media platform said on Monday as it. The Reddit IPO is arguably the most anticipated initial public offering IPO of 2024 so far The social media company filed its IPO paperwork in. Reddit launches IPO at a valuation of up to 64 billion with deal expected to price next week Last Updated March 11 2024 at 203 pm..
Result Reddit plans to list 22 million shares at a price between 31 and 34 according to the latest version of the IPO prospectus it filed Monday with. On Monday said it plans to offer 22 million shares at a price range of 31 to 34 a share in the closely watched initial public offering for the. Result Reddit has set a price range of 31 to 34 a share The stock sale which includes both new and existing shares would raise 748 million at the top of. Result Planned for March 21 the offering is imminent and Reddit said last week that it will be selling 22 million shares at an expected price of 3250 per. Result Reddit along with some existing stockholders plans to offer 22 million shares of the companys Class A stock meaning the IPO could raise as much as..
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