When did snap go public?
Besides, is Snapchat going public?
The much-anticipated Snap IPO is happening. They priced their IPO today at $17 per share, raising $3.4 billion and valuing the company at $24 billion. Like venture rounds, IPOs are fundraising events, yet instead of private investors buying the shares, it's stock market investors.
Also Know, why did snap INC go public? When Snap filed for its long-anticipated IPO that could value it at more than $20 billion, it described its plans to go public with three share classes providing public investors shares with no votes on matters customarily put to a shareholder vote and allowing its two co-founders control over such matters.
Consequently, what was the IPO price for Snapchat?
$17 a share
Who took Snapchat public?
Snap Inc., the parent company of Snapchat, filed paperwork on Thursday to raise $3 billion in its long-awaited initial public offering. The tech company will only sell non-voting shares when it goes public.