TweakTown
Tech content trusted by users in North America and around the world
6,200 Reviews & Articles | 40,012 News Posts

Twitter is looking to raise $1 billion with its IPO

Twitter's IPO filing is public, looks to raise $1 billion

| Business, Financial & Legal News | Posted: Oct 4, 2013 5:31 am

Twitter is closer to its IPO, pushing out its IPO filing with the United States Securities and Exchange Commission. The social network filed an S-1 behind closed doors earlier in the year, as they were able to do so because Twitter's annual revenue was less than $1 billion last year.

 

TweakTown image news/3/3/33271_04_twitter_is_looking_to_raise_1_billion_with_its_ipo.jpg

 

Now that Twitter's S-1 in public, we can find out what its financials are ahead of its IPO. The social network is looking to raise $1 billion, which will be underwritten by Goldman Sachs, Morgan Stanley and a bunch of other banks. Twitter will share its trade under the ticker TWTR.

NEWS SOURCES:Bgr.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases