Reddit aims to raise $748 million in planned IPO, Bloomberg News says-March 2024-www.financetom.com

Reddit aims to raise $748 million in planned IPO, Bloomberg News says

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Reddit aims to raise $748 million in planned IPO, Bloomberg News says

Mar 10, 2024 1:14 PM

(Reuters) - Media platform Reddit and its investors are seeking to raise as much as $748 million in its initial public offering, Bloomberg News reported on Sunday.

The company is planning a sale of 22 million shares at $31-$34 per share, Bloomberg reported, citing people familiar with the matter.

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