Tag: Direct listings

U.S. Supreme Court to hear dispute over Slack’s direct stock listing | Reuters

The U.S. Supreme Court on Tuesday agreed to hear a bid by Slack Technologies Inc, part of Salesforce Inc (CRM.N), to avoid a lawsuit accusing the workplace communication software company of misstatements in its 2019 direct listing – an alternative to an initial public offering. The justices took up San Francisco-based Slack’s appeal of a lower court’s ruling last year…

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