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March 12, 2018 12:43 pm GMT
After announcing an IPO in February, today Dropbox updated its S-1 filing with pricing. The cloud services and storage company said that it expects to price its IPO at between $16 and $18 per share when it sells 36,000,000 shares to raise $648 million as “DBX” on the Nasdaq exchange. In addition to that, Dropbox announced that it will be selling $100 million in stock to… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/c4zHvpDUfgE/
Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M
After announcing an IPO in February, today Dropbox updated its S-1 filing with pricing. The cloud services and storage company said that it expects to price its IPO at between $16 and $18 per share when it sells 36,000,000 shares to raise $648 million as “DBX” on the Nasdaq exchange. In addition to that, Dropbox announced that it will be selling $100 million in stock to… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/c4zHvpDUfgE/
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