Twitter has set the price range for its imminent debut on the stock exchange between 17 and 20 dollars. The maximum amount raised would therefore be 1,6 billion dollars. To be put up for sale are 80,5 million new shares, about 13% of the microblogging site. None of the current shareholders will sell their share.
The valuation of the San Francisco-based group is therefore between 10,5 and 12,4 billion dollars, less than the more optimistic estimates of 15 billion. Twitter aims to set the final subscription price of the securities subject to the Initial Public Offering, on November XNUMXth. The social network should perhaps already start the roadshow today. Listing will take place on the New York Stock Exchange under the ticker symbol 'TWTR'.
