Subscribe to our mailing list

Spotify’s IPO; Pizza Hut joins NFL sponsorship crew; jewelers love Oscar

Spotify strikes towards IPO

Spotify has filed for its direct itemizing on the New York Inventory Change, the streaming music firm’s distinctive transfer to turn into a publicly traded firm. The corporate is forgoing a conventional preliminary public providing and skipping the advertising and marketing roadshow and share-price setting course of that goes with it. As a substitute, the opening public worth of its extraordinary shares on the NYSE will likely be decided by purchase and promote orders collected on its itemizing day, the corporate mentioned within the submitting. Axios reported that Spotify was most lately valued at $19 billion.

Powered by WPeMatico

Author: Techno Info

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Author Spotlight