Wudi@feddit.uk to Technology@lemmy.worldEnglish · 2 days agoAnthropic confidentially files for initial public offering on US stock marketwww.theguardian.comexternal-linkmessage-square77linkfedilinkarrow-up1298arrow-down16
arrow-up1292arrow-down1external-linkAnthropic confidentially files for initial public offering on US stock marketwww.theguardian.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 2 days agomessage-square77linkfedilink
minus-squarew3dd1e@lemmy.ziplinkfedilinkEnglisharrow-up7·2 days agoBut don’t the public investors need that info to decide? Like a prospectus? I don’t know that much about IPOs. I’m just assuming.
minus-squareprole@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up2·1 day agoYeah, wanting to keep that private just seems shady and like it should be a major red flag
minus-squareohulancutash@feddit.uklinkfedilinkEnglisharrow-up7·2 days agoFirst the SEC and other authorities need to vet the offering. By filing confidentiality this initial stage is kept from competitors. It means that instead of filing publicly 90-120 days ahead, they can hold off public prospectus to 21 days ahead of launch.
But don’t the public investors need that info to decide? Like a prospectus?
I don’t know that much about IPOs. I’m just assuming.
Yeah, wanting to keep that private just seems shady and like it should be a major red flag
First the SEC and other authorities need to vet the offering. By filing confidentiality this initial stage is kept from competitors.
It means that instead of filing publicly 90-120 days ahead, they can hold off public prospectus to 21 days ahead of launch.
Well that’s shady as fuck.