The We Company files registration statement for initial public offering

KUALA LUMPUR, The We Company has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to an initial public offering of its Class A common stock.

The number of shares to be offered and the price range for the proposed offering have not yet been determined, according to a statement.

J.P. Morgan, Goldman Sachs & Co LLC, BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, HSBC, UBS Investment Bank and Wells Fargo Securities will serve as joint book-running managers for the offering.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

Source: BERNAMA (News Agency)