News To Tweet About: Twitter Reportedly To IPO Mid-November

It won’t take a full 140 characters to sum up what’s going on: Twitter is reportedly going to have its IPO (initial public offering) on November 15, 2013, according to PrivCo. Only 112 characters, not bad. Twitter executives would approve.

Tweet Screenshot

It only takes 112 characters to summarize the news about Twitter’s IPO.

Since this is not Twitter, but a blog, more information shall be given. Over the past few months there has been a lot of speculation that Twitter is going to have its IPO soon, but the exact date of this event was unknown.

Twitter S-1

Heading of Twitter’s S-1 document filed on October 3, 2013.

Twitter seems to have had a slip-up on its S-1 document (a form containing its business and financial information), inadvertently revealing that it would be releasing company shares to the public on Wall Street on November 15.

Twitter's S-1 Share Info

This is the section of Twitter’s S-1 document regarding the end of employees’ share lock-up period.

The document states that company employees can begin to sell their shares on February 15, 2014 after the lock-up period of 90 days has ended.

The IPO date wasn’t blatantly written out for all to see, but doing the math wasn’t too difficult of a task for those who cared even in the slightest. With over 215 million active monthly users, Twitter is a large company with a huge global reach.

Unfortunately, the social media site has yet to turn its large network into a profitable network, but it doesn’t show signs of slowing down any time soon. More info sure to come once Twitter’s stock hits the market.

Will you be buying Twitter stock once it has its IPO? How can the company gain a profit from its giant global network? Let me know in the comments below!

Twitter: @TheRachaelE

This entry was posted in IPO, Twitter and tagged , , , , . Bookmark the permalink.

2 Responses to News To Tweet About: Twitter Reportedly To IPO Mid-November

  1. dipti says:

    Twitter hasn’t responded to thru alleged leak of their s1? Could it be a marketing ploy to garner share holders from fb? Think outside the box and don’t be afraid go get skeptical

  2. Pingback: NYSE Runs First Mock IPO Ever, For Twitter | Rachael Ellenbogen

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