The social networking company filed documents today identifying the price it hopes to get for its shares when it goes public, likely next month. It also said it will offer 70 million shares at its IPO. October 24, 2013 1:20 PM PDT Twitter said today that it has set the pricing for its IPO in the $17 to $20 range. The company said in an amended S-1 (PDF) that, "It is currently estimated that the initial public offering price per share will be between $17.00 and $20.00. Our common stock has been approved for listing on the New York Stock Exchange under the symbol 'TWTR.'" The wall Street Journal had reported earlier today that Twitter was likely to take this action within the next couple days. Twitter said it plans to offer 70 million shares when it goes public.
Thursday, October 24, 2013
The social networking company filed documents today identifying the price it hopes to get for its shares when it goes public, likely next month. It also said it will offer 70 million shares at its IPO.
October 24, 2013 1:20 PM PDT
Twitter said today that it has set the pricing for its IPO in the $17 to $20 range.
The company said in an amended S-1 (PDF) that, "It is currently estimated that the initial public offering price per share will be between $17.00 and $20.00. Our common stock has been approved for listing on the New York Stock Exchange under the symbol 'TWTR.'"
The wall Street Journal had reported earlier today that Twitter was likely to take this action within the next couple days.
Twitter said it plans to offer 70 million shares when it goes public.
