11:14 AM EDT, 03/20/2024 (MT Newswires) -- Reddit and its selling shareholders expect to price the company's initial public offering of 22 million shares at the top or above its marketed range of $31 to $34 per share, Bloomberg reported Wednesday, citing people familiar with the matter.

The company plans to price its shares later on Wednesday, according to the report.

A representative for Reddit declined to comment, Bloomberg reported.

Reddit declined comment to MT Newswires.

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