Slack reportedly chooses the New York Stock Exchange for its direct listing
https://techcrunch.com/2019/04/01/slack-reportedly-chooses-the-new-york-stock-exchange-for-its-direct-listing/
The ubiquitous corporate messaging service Slack is following in the footsteps of Spotify’s subscription music service and heading to the New York Stock Exchange for trading through a direct listing, according to the Wall Street Journal.
Slack, which reportedly had somewhere near $900 million on hand last October when it was prepping for its initial public offering, is likely choosing the direct listing route for some of the same reasons that Spotify had when it went public.