NEW YORK: Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around US$16 billion, according to a person familiar with the matter.
The direct listing model offers Slack an opportunity to save significantly on investment banking fees and avoids agreements that would otherwise prevent many current shareholders from selling their stock. Spotify's direct listing in April 2018 was perceived as a success at the time, with a healthy number of buyers and sellers.
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Tech firm Slack to make market debut, at US$26 reference price[SAN FRANCISCO] Cloud-based software firm Slack Technologies makes its debut on the New York Stock Exchange Thursday with a reference price of US$26, adding to this year's parade of new Wall Street entrants. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Slack reference price for direct listing set at US$26 per shareThe New York Stock Exchange on Wednesday set the reference price for Slack Technologies Inc's direct listing at US$26 per share.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Slack reference price for direct listing set at US$26/shareSlack Technologies Inc's direct listing price is set at US$26 per share, according to a notice on the New York Stock Exchange on Wednesday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tech firm Slack to make market debut, at US$26 reference price[SAN FRANCISCO] Cloud-based software firm Slack Technologies makes its debut on the New York Stock Exchange Thursday with a reference price of US$26, adding to this year's parade of new Wall Street entrants. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Slack reference price for direct listing set at US$26/shareSlack Technologies Inc's direct listing price is set at US$26 per share, according to a notice on the New York Stock Exchange on Wednesday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Slack reference price for direct listing set at US$26 per shareThe New York Stock Exchange on Wednesday set the reference price for Slack Technologies Inc's direct listing at US$26 per share.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »