Palantir IPO // Palantir Technologies confidentially filed for an IPO with the SEC saying in a press release that "The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions”
Palantir is a software company that specializes in big data analytics.
Their products help organizations to analysis large amounts of data in order to identify different patterns, understand trends, and other insights.
In a Form D filing last week, Palantir said that the total number of investors who already have invested in the IPO is 58 and that it has raised $550 million and had capital commitments for an additional $411 million.
Palantir was valued at about $20 billion 4 years ago. Reportedly, the company is still debating whether to move forward with a traditional IPO or a direct listing.
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