Initial public offering filed by Twitter

  • Twitter disclosed on Twitter that it is currently in the process of filing for an initial public offering. 

    The company tweeted saying "we've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale."

    After the disclosure, stocks of social media companies became a little higher. 

    A Twitter spokesman confirmed that the tweet was authentic but declined to comment further. 

    Tagged as: Twitter SEC, social media company, Twitter public offering, Twitter, Money News, Business News