Slack Technologies will do a direct listing on the New York Stock Exchange this summer.
The Wall Street Journal, after talking to “people familiar with the matter,” reported that the San Francisco-based workplace messaging company would take the rare step of using a direct listing to go public in June or July.
The music streaming company Spotify Inc. successfully used a similar listing method on the NYSE last year.
A direct listing doesn’t allow a company to raise money when it goes public, nor…
from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_2/~3/sALApxkt_UA/slack-picks-nyse-for-direct-stock-listing.html
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Alfred Serrano 