Showing posts with label direct listing. Show all posts
Showing posts with label direct listing. Show all posts

Friday, March 23, 2018

Direct Listing

The idea of a direct listing is intriguing.
Music streaming service Spotify, valued at roughly $19 billion in the private markets, has also filed for a direct listing and will debut on the NYSE on April 3. ....... A direct listing lets investors and employees sell shares without the company raising new capital or hiring a Wall Street bank or broker to underwrite the offering.