Reddit is preparing to sell shares to the public. Here's what you need to know
Briefly

from The Mercury News2 months ago
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 with the Securities and Exchange Commission.
The Mercury Newshttps://www.mercurynews.com/2024/03/20/reddit-is-preparing-to-sell-shares-to-the-public-heres-what-you-need-to-know/
Reddit also plans to sell up to 1.76 million shares - roughly 8% of the total offering - to a mix of certain board members and so-called 'friends and family members' of certain board members and employees.
The Mercury Newshttps://www.mercurynews.com/2024/03/20/reddit-is-preparing-to-sell-shares-to-the-public-heres-what-you-need-to-know/
Read at The Mercury News
#reddit #ipo #stock-market
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