Square IPO to Watch Next Week

Square, a financial services startup is all set for its IPO price range this week, as reported by several tech news giants.

CNBC reported citing its sources that Square is set to begin trading publicly the week before Thanksgiving, whereby Square’s senior management will present the company to investors as they go on their IPO roadshow next week.

Almost all tech experts have their eyes on this IPO; some sneak peaks reveal that the company plans to sell shares under the ticker symbol SQ for a proposed aggregate offering price of $275 million, as per its IPO filing with the U.S. Securities and Exchange Commission.

square-ipo-to-watch-next-week

Square is currently six yearold company that offers white, cube-shaped card readers that plug into smartphones and tablet computers, turning them into electronic sales terminals. It’s also known in the tech industry for being founded and led by Jack Dorsey who co-founded Twitter in 2006 and has said he’ll continue to run both companies.

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