WeWork Files Updated IPO Amid Massive Losses
The We Company, also known as WeWork, filed its highly awaited Form S-1 with the Securities and Exchange Commission (SEC) on Wednesday in advance of its initial public offering (IPO), which could now come as early as September. The company will trade under the ticker symbol "WE."
The company announced in April that it had filed a confidential draft registration statement with the SEC in a process that allows it to initially withhold certain sensitive information -- including financial metrics -- from public scrutiny until much closer to its public debut.
In this updated filing there are still several big unknowns regarding We Company's IPO. It has yet to disclose the exchange where it plans to list its shares, the total value of its filing, or when it plans to go public. But here is some of the investing information we do now know about this workspace rental company founded in 2010.
Source Fool.com
