PINTEREST SECRETLY APPLIED FOR AN IPO
American technology company Pinterest Inc. secretly applied for an initial public offering of shares on the stock exchange (IPO) in the United States, while the company intends to request an estimate of at least $ 12 billion, writes Bloomberg agency referring to a source familiar with the situation.
The source noted that the listing may take place before the end of June, while the final decision on the plans for an IPO has not yet been made by the company.
In December 2018, US media reported that Pinterest Inc. is preparing to hold an IPO in April 2019. Then it was noted that according to the results of the placement, the company can be valued at $ 12 billion. In January, it was reported that during the IPO, which is expected in the first half of this year, the company may raise about $ 1.5 billion.