Short video app Triller confidentially files for US IPO

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:Short video app Triller Inc has confidentially filed paperwork for an initial public offering of its class A common stock with the U.S. Securities and Exchange Commission, the company said on Thursday. The proposed offering comes at a turbulent time for the IPO market with several listings on ice as a sellof

:Short video app Triller Inc has confidentially filed paperwork for an initial public offering of its class A common stock with the U.S. Securities and Exchange Commission, the company said on Thursday.

The tepid reception for recent listings underlines the challenges facing IPO-bound companies, including, social media platform Reddit, and Mobileye, the self-driving car unit of Intel Corp. Dealmaking was among Wall Street's hottest investment trends during the pandemic. However, the year has seen several companies shelve plans as heightened regulatory scrutiny and falling valuations dampen interest.

 

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