Cryptocurrency Prices by Coinlib
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Snapchat IPO: Share Pricing Values Company at Up to $22 Billion

Snap Inc., the parent company of Snapchat, expects stock in its initial public offering to sell between $14 and $16 per share — valuing the company at $19.5 billion to $22.2 billion. With that price range, disclosed Thursday in an SEC filing, Snap expects net proceeds from the IPO to be $2.1 billion (or $2.3 billion if the underwriters fully exercise their purchase options) at the $15-per-share price. It would raise up to $3.68 billion total at $16 per share. 

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