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NY Post: Twitter IPO could happen in November

  • "Sources familiar" with Twitter's plans tell the NY Post the company "could go public as early as November, ahead of Thanksgiving, thereby avoiding the post-holiday doldrums." They add an IPO could happen just a few days after Twitter finishes its roadshow.
  • Dan Primack reported last week Twitter is setting the groundwork to go public this year rather than next, and could provide a public S-1 within the next several weeks.
  • Meanwhile, CNBC observes traders are buying Twitter contract for difference derivatives with a $15.04B-$16.04B valuation spread. A broker-dealer has already been reported to be offering Twitter shares at a $15.5B valuation.
  • GSV Capital (GSVC -1.5%) is trading moderately lower, and the Firsthand Technology Value Fund (SVVC +0.3%) is up fractionally.
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  • financeminister
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    17 Sep 2013, 03:34 PM Reply Like
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