Tech Company Inital Public Offerings
Square IPO
Square, operating out of San Francisco, had an IPO event on 11/18/2015.
Transaction Overview
Company Name
Announced On
11/18/2015
Transaction Type
IPO
Amount
$243,000,000
Proceeds Purpose
The principal purposes of this offering are to obtain additional capital, to create a public market for our Class A common stock, and to facilitate our future access to the public equity markets. We plan to invest the net proceeds in short-term, investment-grade, interest-bearing securities such as money market accounts, certificates of deposit, commercial paper, or guaranteed obligations of the U.S. government. We currently intend to use the net proceeds received by us from this offering primarily for working capital and general corporate purposes. We may also use a portion of the net proceeds from this offering for acquisitions of complementary businesses, technologies, or other assets. We have not entered into any agreements or commitments with respect to any specific acquisitions and have no understandings or agreements with respect to any such acquisition or investment at this time. We cannot specify with certainty the particular uses for the net proceeds from this offering. Accor
Company Information
Company Status
Publicly-held
Industry
ECommerce
Mailing Address
1455 Market St. 600
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Square (NYSE: SQ) operates as a mobile payment service company. Accept every way your customers want to pay. Take chip cards, NFC payments, and magstripe cards on the go or at your counter. Square helps more sellers grow their business faster.
Management Team
Title
Name
Email & Social
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