- Reddit aims to raise up to $748 million as part of its upcoming IPO, according to a corporate filing on Monday.
- The company plans to sell about 22 million shares between the range of $31 to $34 per share.
- Investors are closely watching Reddit’s upcoming IPO, which will be this year’s first major tech stock launch and the first social media IPO since Pinterest went public in 2019.
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Reddit Is On Fire, Raises Nearly $750 Million In Upcoming IPO
FILE - This June 29, 2020 file photo shows the Reddit logo on a mobile device in New York. Reddit struck a deal with Google that allows the search giant to use posts from the online discussion site for training its artificial intelligence models and to improve products such as online search. (AP Photo/Tali Arbel, file)
