Airbnb has filed dossier to imagine its nexus public offering, the company said on Wednesday. Airbnb's sedation share filing remains confidential, except it has been submitted to the Sedation and Boutique Commission, burgeoning the schema that will ultimately acquiesce hardened investors to revenue shares in the company for the first time.
The company has yet to dispose the specifics of the public offering, including share span and the number of shares to be offered.
Airbnb had ahead discussed its target to go public this ages supposing the onrushing financial fallout from the pandemic, which resulted in hundreds of millions of dollars in refunds and cancellations on Airbnb's platform. In the wake of that remunerative damage, The Wall Street Periodical valued the company at $18 billion, anyway half of its aiguille value of $31 billion in 2017.
Airbnb will be forced to make significant disclosures as partage of the IPO process, including the detailing of lifework risks, debt holdings, and any outstanding precedented threats to the company's operations. Except due to the genuineness that the S-1 form was filed confidentially, those disclosures will be withheld until latterly on in the process.
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