October 6, 2013

How Twitter's I.P.O. Filing Evolved to Contain New Details - NYTimes.com

Laying the groundwork for its initial public offering, Twitter on Thursday filed a regulatory document that contains important details about its business.

But Twitter may not have intended for some of those details to make their way into the public eye.

The document that came out on Thursday, called an S-1, was the first public filing to disclose important financial data about the company, like earnings and revenue, as well as other information that might help investors decide if they want to buy the company’s shares. But Twitter had already filed four earlier versions of this document with the Securities and Exchange Commission. Those versions were not made public at the time, but late on Thursday, Twitter released them.

Read more...How Twitter's I.P.O. Filing Evolved to Contain New Details - NYTimes.com

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