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Reddit applies for IPO to issue 22 million shares, raising approximately $750 million

2024-03-11 19:04:13
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ChainCatcher news, according to CNBC, Reddit has filed for an IPO to issue 22 million shares, raising up to $748 million, with an expected price range of $31 to $34 per share, and the stock ticker will be RDDT.

In addition, Reddit has reserved approximately 1.76 million shares for users who created accounts before January 1, with no lock-up period.

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