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Reddit Inc, known for its message boards that became the go-to destination for day traders during this year’s meme stock frenzy, on Wednesday said it had confidentially filed for an initial public offering (IPO) with US securities regulators. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit was valued at US$10 billion in a private fundraising earlier this year. Reuters in September reported that the company was hoping for a more than US$15 billion valuation by the time an IPO takes place. The filing comes as US IPOs hit record highs, fueled by ample liquidity due to accommodative ...

VANCOUVER, BC / ACCESSWIRE / December 13, 2021 / Maple Leaf Short Duration 2022 Flow-Through Limited Partnership (the "Partnership") is pleased to announce that it has filed a preliminary prospectus (the

Press release content from Accesswire. The AP news staff was not involved in its creation.

A banner year for tech-related initial public offerings is poised to go out on a sour note as returns dwindle in a surge of stock market volatility that’s prompted a flight to quality among investors.

The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter.