"Reddit Set to Launch $10B IPO in March, Reports Say"
TL;DR Summary
Reddit is reportedly planning to launch its IPO in March, aiming to sell around 10% of its shares and considering a valuation of up to $15 billion. The company had previously submitted a draft registration statement in December 2021 but did not proceed with the IPO. Reddit's IPO plans have been delayed due to market uncertainty and its lack of profitability, but it is now working with Morgan Stanley and Goldman Sachs to go public.
- Reddit plans to launch IPO in March, report says TechCrunch
- Exclusive: Reddit seeks to launch IPO in March Reuters
- Report: Reddit IPO Could Launch in March PYMNTS.com
- Reddit Planning IPO Launch In March, Report Says Forbes
- Reddit, Social Media Giant Behind GameStop Saga, Plans $10B March IPO - Meta Platforms (NASDAQ:META), Gam Benzinga
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