Reddit aims to raise $748 million in planned IPO

The company is planning a sale of 22 million shares at $31-$34 per share, Bloomberg reported, citing people familiar with the matter.

March 11, 2024 / 08:58 AM IST

Reddit aims to raise $748 million in planned IPO

Media platform Reddit and its investors are seeking to raise as much as $748 million in its initial public offering, Bloomberg News reported on Sunday.

The company is planning a sale of 22 million shares at $31-$34 per share, Bloomberg reported, citing people familiar with the matter.

Reuters
Tags: #IPO #Reddit #World News
first published: Mar 11, 2024 07:25 am

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