Public company · Consumer Internet
Reddit IPO
Network of communities where people discuss interests, news, and entertainment.
- Status
- listed
- Exchange
- NYSE
- Ticker
- RDDT
- Listed
- March 21, 2024
- Price range
- $31.00–$34.00
- Offer price
- $34.00
- Proceeds
- 748.0M
- Mkt cap at IPO
- 6.40B
Prospectus summary
Reddit listed on the NYSE in March 2024 in the largest social-media IPO since Pinterest, pricing at the top of its range.
Advisors and underwriters
| Firm | Role | Type |
|---|---|---|
| Morgan Stanley | Lead-left bookrunner | investment bank |
| Goldman Sachs | Lead bookrunner | investment bank |
| J.P. Morgan | Joint bookrunner | investment bank |
| BofA Securities | Joint bookrunner | investment bank |
| Wilson Sonsini | Issuer counsel | law firm |
| Skadden | Underwriters' counsel | law firm |
| EY | Auditor | auditor |
Timeline
-
S-1 filed with the SEC
-
Priced IPO
March 20, 2024
-
Listed on NYSE
March 21, 2024
-
Lockup expiration
September 17, 2024
Other pre-IPO companies in Consumer Internet
Peers selected by industry, business description, and shared investors. How we match
- DiscordVC-backed
Voice, video, and text communication platform popular with gaming and online communities.
- PolymarketVC-backed
Crypto-native prediction market for political, financial, and cultural events.
- WhatnotVC-backed
Live shopping marketplace for collectibles and apparel.
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Frequently asked questions
When is Reddit expected to IPO?
Reddit listed on March 21, 2024 on the NYSE under the ticker RDDT.
Who is leading the Reddit IPO?
The lead bookrunner is morgan stanley. See the full advisor table on this page.