Reddit Aims for $748 Million in Mega IPO

March 11, 2024 ⚊ 1 Min read ⚊ Views 19 ⚊ BLOG

In one of the most anticipated initial public offerings (IPOs) of the year, Reddit Inc., the social media giant, is making moves to raise a whopping $748 million, sources familiar with the matter revealed. At an estimated price of $31 to $34 per share, the IPO is expected to be among the biggest of the year. 22 million shares will be sold.

Read details: https://vvstockzone.com/reddit-aims-for-748-million-in-mega-ipo-users-and-moderators-get-a-piece-of-the-pie/

Tags: IPO, IPO News, Latest IPO, Reddit, Upcoming IPO

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