Research Options:

Week of Expected Pricing 3/21/2024
Company Name REDDIT INC
Proposed Ticker RDDT
CUSIP 75734B100
Business Description Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions,research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. People are diverse and have multiple interests. Just like in a city, where citizens are part of multiple subcommunities, on Reddit, users often belong to multiple communities. At Reddit, users can dive into anything, and if a community does not already exist around a particular topic, they can create one. In December 2023, more than 500 million visitors(1), and in the three months ended December 31, 2023, an average of 73.1 million daily active uniques (“DAUq”), around the world came together on Reddit – continuously adding to our longstanding and constantly evolving human archive of information. They come together to share the rhythm of their daily discoveries, ask questions and receive advice, research before making a purchase decision, hear reactions to recent events, and thrive as a community.
Lead Underwriter BofA Securities, Inc,Goldman Sachs & Co. LLC,J.P. Morgan Securities LLC,Morgan Stanley & Co. LLC
Co-Managers Academy Securities, Inc,Citigroup Global Markets Inc,Citizens JMP Securities, LLC,Deutsche Bank Securities Inc ,Loop Capital Markets, LLC,MUFG Securities Americas Inc,Needham & Company, LLC,Piper Sandler & Co,Raymond James and Associates, Inc,Roth Capital Partners, LLC,Samuel A. Ramirez & Company, Inc.,Telsey Advisory Group, LLC
Initial Shares 22,000,000
Revised Initial Shares N/A
Initial Price $34.00-$34.00
Revised Price $34.00-$34.00
Final Price $34.00
Final Ticker RDDT

 

 

   
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