Printed from http://www.electronista.com

Twitter files for 'secret' initial public offering with SEC

updated 05:32 pm EDT, Thu September 12, 2013

Revenue less than $1 billion, allowing for unconventional filing

Earlier today, Twitter announced (in a tweet) that it has filed with the US Securities and Exchange Commission (SEC) to go public. Companies with less than $1 billion in revenue per year can file for a "secret" initial public offering, which prevents public release of documentation associated with the filing, such as assets, and revenue estimates.

Little information is actually known about the filing. The "secret" status obviously makes the company's earnings less than $1 billion annually, but a timetable, number of shares, and other pertinent facts are likely to not be made public by the company during the IPO process.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Linksys WRT1200AC Wi-Fi Router

Once upon a time, a brand-new Linksys router showed up on our doorstep. So we gathered some network-minded friends together, and hooke ...

Rapoo A300 Mini Bluetooth NFC Speaker

The Rapoo Bluetooth Mini NFC Speaker is a little metallic box about the size of a baseball. In spite of its small size, we were very p ...

Neurio Intelligent Home Monitor

The recently released Neurio Intelligent Home Monitor is a piece of hardware that, when integrated into a home's breaker box, monitors ...

Advertisement

toggle

Most Commented

 
toggle

Popular News