Twitter files for an IPO, confirms it’s going public

One of the most anticipated IPOs of the decade is finally confirmed to be taking place. Appropriately tweeting the news, social media giant Twitter announced that it had “confidentially” filed the required S-1 documents with the SEC for an initial public offering.

 

But we’ll all have to wait a little bit longer to see the financials, Twitter took advantage of a rule that allows companies with less than $1 billion in revenue to file its financial statements confidentially. However, they will be revealed when we get closer to the IPO date and Twitter goes on a “road show” to shop itself to investors and bankers.

Stay tuned for more updates. 

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