Printed from http://www.electronista.com

Twitter IPO roadshow starts October 28, NASDAQ offering November 6

updated 05:48 pm EDT, Thu October 24, 2013

Offering will generate over $1 billion for the microblogging service

The Twitter initial public offering (IPO) roadshow starts October 28, heralding the start of the company's stock offering. Twitter has set its price range at $17 to $20 per share, and announced that it will create 700 million shares. The stock under the abbreviation "TWTR" will be made available on the NASDAQ on November 6.

Given the Twitter-provided numbers on its amended S-1 Securities and Exchange Commission filing, the company could raise as much as $1.6 billion. The S-1 filing claims that after the IPO, nearly 545 million shares will be outstanding.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Samsung Galaxy S6 Edge

The Samsung Galaxy S6 range is a critical component in Samsung's flagging smartphone strategy. With sales of its high-end smartphones ...

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softball ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Advertisement

toggle

Most Commented

 
toggle

Popular News