Dropbox said it plans to list 36 million shares in its upcoming IPO

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Dropbox said it plans to list 36 million shares in its upcoming IPO

drew houston dropbox

Drew Angerer/Getty Images

Drew Houston, founder and chief executive officer of Dropbox, attends the annual Allen & Company Sun Valley Conference, July 8, 2016 in Sun Valley, Idaho.

Dropbox announced in a filing on Monday that it plans to list 36 million shares when it goes public later this year.

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The company said in its filing that it estimates the price of each of those shares between $16 and $18.

The company filed for its IPO in February, and said that it plans to trade on the Nasdaq under the ticker symbol DBX.

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Dropbox's S-1 form Dropbox that it filed with the Securities and Exchange Commission showed that it lost $111 million on revenue of $1.1 billion last year.

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