Exclusive: Palantir close to registering for stock market debut – sources


FILE PHOTO: The emblem of U.S. software program firm Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020. REUTERS/Arnd Wiegmann

(Reuters) – Palantir Technologies Inc is aiming to file confidentially with U.S. regulators for a public itemizing within the coming weeks, in accordance to folks acquainted with the matter.

The firm remains to be deliberating whether or not to go public through a standard preliminary public providing (IPO) or a direct itemizing, the sources stated, requesting anonymity because the deliberations are non-public.

A spokeswoman for Palantir, which makes a speciality of crunching and analyzing giant portions of knowledge, declined to remark.

Reporting by Joshua Franklin in New York and Anirban Sen in Banaglore; Editing by Cynthia Osterman

Our Standards:The Thomson Reuters Trust Principles.



Source link reuters.com

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