News - 16/03/2018

Spotify to go public on April 3: it's official

Spotify to go public on April 3: it's official

So, the rumour is now an official news: Spotify’s Head of Investor Relations, Paul Vogel, has just confirmed that the company will publicly list shares on the NYSE via an usual "direct listing" on Tuesday, April 3.

He also explained that the company had taken the choice to float via a direct listing because it was “more transparent and more accessible to a wider range of investors” versus a traditional IPO. He then confirmed that Spotify will announce financial guidance for Q1 2018 on March 26, the week prior to trading.

 

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