Picture this: Pinterest wants to raise $1.5B in IPO

Picture this: Pinterest wants to raise $1.5B in IPO

5 years ago
Anonymous $syBn1NGQOq

https://apnews.com/dbc901513abc465bb94cdbf5db82908c

NEW YORK (AP) — Pinterest plans to raise about $1.5 billion in its initial public offering of shares.

The digital scrapbooking site said in a regulatory filing Monday that it will put about 86.3 million shares up for sale at a price between $15 and $17 each. Pinterest is offering 75 million Class A shares.