Deals
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
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Slack Technologies Inc. submitted its plans to U.S. regulators to go public through an unusual direct listing.
The workplace-messaging company’s filing 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.