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The initial public offering (IPO) filing states that "200,000,000+ monthly active users" access Twitter and "500,000,000+ tweets per day" are posted. [ 197 ] [ 198 ] In an October 15, 2013, amendment to their SEC S-1 filing, [ 199 ] Twitter declared that they would list on the New York Stock Exchange (NYSE) , quashing speculation that their ...
Soeren Stache, dpa/AP By Nate Raymond and Jonathan Stempel NEW YORK -- Twitter Inc. was sued for $124 million Wednesday by two companies that said the social media darling defrauded it into ...
Investors have been anxiously waiting to get their hands on Twitter's juicy financial details ever since the company very publicly tweeted about its confidential S-1 filing. Yesterday evening ...
On April 4, he announced that he had acquired 9.2 percent of the company's shares totaling $2.64 billion, [8] making him the company's largest shareholder. [9] Following the announcement, Twitter's stock experienced its largest intraday surge since the company's initial public offering (IPO) in 2013, rising by as much as 27 percent. [10]
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Form S-1 is an SEC filing used by companies planning on going public to register their securities with the U.S. Securities and Exchange Commission (SEC) as the "registration statement by the Securities Act of 1933". The S-1 contains the basic business and financial information on an issuer with respect to a specific securities offering.
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
Twitter, officially known as X since 2023, is a social networking service.It is one of the world's largest social media platforms and one of the most-visited websites. [5] [6] Users can share short text messages, images, and videos in short posts commonly known as "tweets" (officially "posts") and like other users' content. [7]