Reddit, Galderma Fire IPO Starting Gun. Now Investors Want More
Last week was the busiest for U.S. and European IPOs since September, with $5.5 billion raised.
Source: themiddlemarket.com
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Reddit, Investors Seek Up to $748 Million in Planned IPO
(Bloomberg) -- Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the biggest initial public offerings so far this year, according to people familiar with the matter.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring BackSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsBond Investors Are Lining Up to Fund the War Against PutinThe social media platform
Source: yahoo.com
Reddit's planned IPO aims to raise up to $748 million
The company seeks a valuation of as much as $6.5 billion after being valued at $10 billion last year.
Source: fortune.com
Reddit looking to raise $748 million from the sale of 22 million shares in IPO
Reddit and some of its current shareholders plan a sale of 22 million shares for $31 to $34 each, seeking a valuation of as much as $6.5 billion in the listing, sources told Bloomberg News.
Source: livemint.com
Reddit plans $748 million IPO, one of the biggest so far this year: Details
Reddit IPO: The IPO will be led by Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Bank of America Corp.
Source: hindustantimes.com