LOS ANGELES (AP) — Twitter is going public. The short messaging service says it has filed confidential documents for an initial public offering of stock.
San Francisco-based Twitter Inc. posted on its official Twitter account that it has “confidentially submitted an S-1 to the SEC for a planned IPO.”
Twitter’s IPO has been long expected. The company has been ramping up its advertising products and working to boost ad revenue in preparation.
We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.—
Twitter (@twitter) September 12, 2013
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