Twitter says it filed confidential IPO registration with U.S.
9/12/2013Twitter Inc. said it filed a registration statement for an initial public offering with the U.S. Securities and Exchange Commission.
“We’ve confidentially submitted an S-1 to the SEC for a planned IPO,” the company said via its corporate Twitter feed on its website. “This Tweet does not constitute an offer of any securities for sale.”
Companies with less than $1 billion in annual revenue are able to submit IPO filings confidentially with U.S. regulators under the Jumpstart Our Business Startups, or JOBS, Act.