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

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

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

Mar 10, 2024 1:04 PM

March 10 (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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