Google IPO… Not Just Yet

from the hang-in-there-kids dept

All day long today, news publications have been running stories about how Google was going to go public tonight, following the close of the market. There’s just one problem: the press isn’t the SEC. The SEC has to approve the filing and they didn’t approve it yet, delaying the IPO at least a day (and possibly more). The SEC didn’t give a reason, so it could be anything from concern over the Playboy interview or the distribution of unregistered options all the way to them simply wanting a little more time to read through the documentation. Or, maybe, they just like making a bunch of would-be billionaires and millionaires wait a few days.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...