Canada:
Snapchat Files For $25 Billion IPO
21 November 2016
Aird & Berlis LLP
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Snap Inc., formerly known as Snapchat, is making headlines: the
makers of the well-known messaging app have reportedly made a
confidential filing for an initial public offering. The IPO, which
could come as soon as March, could be valued as high as US$25
billion. This valuation would qualify it as one the biggest
technology offerings in recent years. Reuters and The Wall Street Journal first broke
the story. TechCrunch has more details and analysis.
The content of this article is intended to provide a general
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