Tags: denver | palantir | thiel | billionaire | technology

Palantir Files for NYSE Direct Listing With Tech IPOs Surging

Palantir Files for NYSE Direct Listing With Tech IPOs Surging

(Yichuan Cao/Sipa via AP)

Tuesday, 25 August 2020 06:05 PM

Palantir Technologies Inc., the data-mining company backed by tech billionaire Peter Thiel, broke years of suspense by filing to go public through a direct listing.

The Denver-based company applied to list on the New York Stock Exchange under the ticker PLTR, according to its filing Tuesday with the U.S. Securities and Exchange Commission.

Palantir won’t raise any proceeds in the listing and doesn’t have traditional underwriters. Unlike previous direct listings, investors will face restrictions on how much of their shares they can sell initially.

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Palantir Technologies Inc., the data-mining company backed by tech billionaire Peter Thiel, broke years of suspense by filing to go public through a direct listing.
denver, palantir, thiel, billionaire, technology
84
2020-05-25
Tuesday, 25 August 2020 06:05 PM
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