Twitter's Major Shareholders Are Only Selling A Minority Of Their Stakes
Advertisement
AP
Advertisement
After the offering, the executive officers and directors will collectively own 22.3% of the company, which is only 3.2 percentage points less than their pre-IPO 25.5% share.
The company named its IPO price at between $17 and $20 per share and it plans to sell 70 million shares.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Check out this chart from the SEC filing:
Advertisement
See also: Twitter Names Its IPO Price
Next StoryAdvertisement
I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
Why are so many elite coaches moving to Western countries?
Global GDP to face a 19% decline by 2050 due to climate change, study projects
5 things to keep in mind before taking a personal loan
Markets face heavy fluctuations; settle lower taking downtrend to 4th day
Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’
