The Latest in IT Security

Spotify seeks to hire U.S. filings expert as bankers eye IPO

17
Feb
2014

By Daniel Dickson and Mia Shanley STOCKHOLM (Reuters) – Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at $8 billion. Meeting U.S. Securities and Exchange Commission (SEC) standards for filing financial disclosures are essential for any firm planning to go public and bankers and lawyers said they inferred from the job ad that the company is getting ready for an initial public share offer (IPO), possibly next year. Set up all reports necessary to be SEC complaint. Spotify declined to comment on whether it has plans for an IPO. As Spotify grows and becomes a more mature company we are looking for people who can help us keep our financial reporting in order and up to global standards, a spokesman said.

Comments are closed.

Categories

WEDNESDAY, JUNE 23, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments