Why Robinhood is keeping its IPO filing confidential ...Middle East

Quartz - Economy
Why Robinhood is keeping its IPO filing confidential
source : Quartz ( Middle East ) () 22
Robinhood, the brokerage that has become a byword for the boom in retail trading, is planning to go public. Like many companies that embark on an initial public offering these days, Robinhood is keeping its registration confidential.The Menlo Park, California-based fintech said yesterday (March 23) that it provided its S-1 statement to the Securities and Exchange Commission and expects to offer shares to the public sometime after the regulator finishes its review. The company will list on the Nasdaq exchange and may make shares available to the more than 13 million retail traders who use its platform, according to Bloomberg. Companies from ride-sharing company Lyft to Palantir, the big-data

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