Snap Seeks IPO Valuation Of Up To $18.5 Billion, Pricing Shares At $14 To $16

Snap Inc., which created the popular messaging app Snapchat, said in a regulatory filing on Thursday that it plans raise up to $3.2 billion in an initial public offering that would value the company at between $16.2 billion to $18.5 billion. The company plans to price its shares between $14 and $16.

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