Deals
Message Platform Slack Moves Ahead Amid Direct Listing Plans
- Slack is said to work with Goldman, Morgan Stanley, Allen
- Company is said to plan direct listing to avoid typical IPO
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Slack Technologies Inc. filed with regulators to go public in the U.S. without disclosing details of its share-sale plans.
The messaging platform company, previously reported to be pursuing a direct listing of its stock, said in a statement Monday that it had submitted a confidential filing with the Securities and Exchange Commission. Slack is working with Goldman Sachs Group Inc., Morgan Stanley and Allen & Co. on the share sale, according to a person familiar with the matter who asked not to be identified because the matter wasn’t public.