Slack will soon reveal listing prospectus as it prepares to go public
Slack confidentially filed to go public with the Securities and Exchange Commission (SEC) in February. The company is pursuing a direct listing, which means that Slack will sell its shares directly to the public. It’s a rare move as most companies file for an Initial Public Offering (IPO) in order to sell shares through underwriters and raise interest-free money. However, Spotify bucked the trend and successfully went public last year via a direct listing. Read more... More about Ipo, Slack, Messaging, Tech, and Social Media Companies