Shhh! DropBox 'quietly files' for IPO

Shhh! DropBox 'quietly files' for IPO

6 years ago
Anonymous $1bh8zaeyQS

https://www.theregister.co.uk/2018/01/12/dropbox_ipo/

DropBox has reportedly filed for an IPO, giving it fresh capital to fund a significant expansion.

Bloomberg has reported that DropBox has lodged confidential papers registering for a public share offering. "Confidential offerings" were introduced in 2012 in the JOBS Act, allowing companies to perform a fund-raising roadshow without lodging a formal public registration with the SEC. Public statements must include accurate and extensive financial statements and identify potential risks. Hey, who needs those?

Shhh! DropBox 'quietly files' for IPO

Jan 12, 2018, 2:22pm UTC
https://www.theregister.co.uk/2018/01/12/dropbox_ipo/ >DropBox has reportedly filed for an IPO, giving it fresh capital to fund a significant expansion. >Bloomberg has reported that DropBox has lodged confidential papers registering for a public share offering. "Confidential offerings" were introduced in 2012 in the JOBS Act, allowing companies to perform a fund-raising roadshow without lodging a formal public registration with the SEC. Public statements must include accurate and extensive financial statements and identify potential risks. Hey, who needs those?