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From "Use of Proceeds" on p78: "To the extent any registered stockholder chooses to sell shares of our Class A common stock covered by this prospectus, we will
by carlineng 6y ago
From "Use of Proceeds" on p78:
"To the extent any registered stockholder chooses to sell shares of our Class A common stock covered by this prospectus, we will not receive any proceeds from any such sales of our Class A common stock."
This is a direct listing, so I think its primarily a liquidity event for investors and employees.
- richardwhiuk 6y agoThat's standard surely? They will be issuing new stock which they will receive sales?