Square IPO Gets A Haircut Amid Soft Market

By | November 6, 2015

Scalper1 News

Square has provided IPO pricing guidance that values the company at less than its private valuation. The San Francisco-based payments startup plans to sell 27 million shares at an expected price range of $11 to $13 each, according to documents filed Friday with the Securities and Exchange Commission. Square held its most recent private-funding round in October 2014, which reportedly valued the company near $6 billion, or about $15.50 a share. The Scalper1 News

Scalper1 News