ANALYST: Twitter Revealed IPO Date By Mistake: It's Nov. 15

Twitter will start selling stock to the public under the TWTR ticker symbol on Nov. 15, according to an analyst at PrivCo, who reverse-engineered the launch date from a revision in the company’s S-1 disclosure to the SEC.

Typical employee stock “lock-up” periods, which prevent staff from selling their stock as soon as it goes public, are 90 days, PrivCo says. An earlier draft of the S-1 noted that the lock up ended Feb. 15, 2014, which puts the IPO date at Nov. 15 this year.

Here’s the original language:

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

sai-us twitter