Spotify files confidential IPO documents with SEC - report

Thursday 4 January 2018 | 09:01 CET | News
Music streaming service Spotify is coming closer to an IPO, after confidentially filing documents with the SEC at the end of December, Axios reported, citing multiple sources. The documents show Spotify wants a direct listing instead of a traditional float, a first for a tech company. With a direct listing, Spotify won't hold a road show or other typical IPO events, although several investments banks are involved. The companies seems to still be in its quiet period. The idea was be for the company to list in the first quarter of the year. This timetable may however be hampered by news the

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Categories: Internet / Mobile & Wireless
Companies: Spotify
Countries: World
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