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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.