Snap Sets Initial Estimated IPO Range, Seeks Up To $3.6 Billion In IPO
socalTECH
FEBRUARY 16, 2017
Venice, California-based Snap Inc. , the parent company of Snapchat , has set its estimated initial IPO pricing, saying this morning in a filing that it estimates its initial public offering price at betwen $14.00 Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68
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