Slack Reveals Losses Amid Rapid Growth in Plan to Go Public

  • Workplace chat company discloses net loss of $139 million
  • Slack Class B shares changed hands for $23.41 in private deals
Slack Files for U.S. Direct Listing on NYSE
Lock
This article is for subscribers only.

Slack Technologies Inc. submitted its plans to U.S. regulators to go public through an unusual direct listing.

The workplace-messaging company’s filingBloomberg Terminal Friday confirms its plans to avoid a traditional public offering and instead list its shares directly on the New York Stock Exchange under the symbol SK.