Jack Dorsey Evan Williams Biz stone Noah glass and the site was launched in July 2006 . The first Twitter prototype, developed by Dorsey and contractor Florian Weber, was used as an internal service for ODEO employeesand the full version was introduced publicly on July 15, 2006. Introduction Twitter is an online social networking service that enable users to send and read short 140- character messages called tweets. Twitter is "a real-time information network that connects you to the latest stories, ideas, opinions and news about what you find interesting . Twitter is for everyone. The only difference is how you use it. What is an IPO ? An initial public offering, or IPO, is the first sale of stock by a company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded. Objective of IPO To raise funds for financing capital expenditure needs like expansion,diversification etc. To finance increased working capital requirement. As an exit rout for existing investors for debt financing. Process of IPO Determine if your company is eligible to go public
Contract with an investment
banker
Draft a prospectus and file it
with the regulatory body
Present the opportunity to
potential shareholders
Sell the shares to the investment
banker Who are lead manger Pre-issue Post-issue Due diligence of company operation/management. Design of offer document prospectus , Management of escrow. memorandum. intimation of allocation. Completion of formalities Dispatch of fund. with requirement bodies. Coordinate non Appointment of institutional allocation. intermediaries. Lead managers of the company Twitter given junk credit rating Standard & Poors Ratings has assigned Twittera junk-grade rating while also describing it as having strong growth prospects. The ratings agency gave the San Francisco- based social networking company a BB- corporate credit rating, which places it firmly in the middle of junk-grade territory. The outlook is described as stable Comapanys clients Issue Detail Exchange NYSE Date 25feb.2015 at 8:53 pm Previous close $48.69 Open $48.88 High $49.18 Low $48.42 Change(%change) $0.05(+0.10%) Our services Thank you Any query ?