Twitter Tweets Plan To Go Public

Law360, New York (September 12, 2013, 8:03 PM EDT) -- Microblogging service Twitter Inc. on Thursday indicated in a pithy tweet that it is filing for an initial public offering, stating only that it has privately submitted an S-1 filing to the U.S. Securities and Exchange Commission to kick off its plan to go public.

Such a confidential filing to the SEC is made possible by the 2012 Jumpstart Our Business Startups Act, or JOBS Act, which allows so-called emerging growth companies — which the regulator defines as firms with under $1 billion in annual revenues...
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