Tech Company Inital Public Offerings
Airbnb IPO
On 12/9/2020, Airbnb went public.
Transaction Overview
Company Name
Announced On
12/9/2020
Transaction Type
IPO
Amount
$3,400,000,000
Proceeds Purpose
We currently intend to use the net proceeds from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures. We may also use a portion of the net proceeds to acquire or make investments in businesses, products, offerings, and technologies, although we do not have agreements or commitments for any material acquisitions or investments at this time.We intend to use a portion of the net proceeds we receive from this offering to satisfy the anticipated tax withholding and remittance obligations of approximately $1.2 billion related to the settlement of our outstanding RSUs in connection with this offering, based on 56.5 million RSUs outstanding for which the service-based vesting condition has been satisfied as of November 25, 2020...
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
888 Brannan St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Airbnb (Nasdaq: ABNB) Rent unique accommodations from local hosts in 190+ countries. Feel at home anywhere you go in the world with Airbnb.
Management Team
Title
Name
Email & Social
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