NYSE seeks SEC approval to change rules regarding direct listings that will allow unicorns like Spotify to go public without raising money
The New York Stock Exchange is seeking to change its listing standards as it vies for Spotify AB and other hot startups that are considering an unusual tactic called a direct listing.
Sources: Spotify is considering directly listing its shares on a public exchange in September, instead of a traditional IPO
Music-streaming service considers a direct listing, bypassing the typical public-offering script — Music-streaming service Spotify AB is readying an initial public offering that is expected by year-...
Sources: Spotify raises $1B in convertible debt, led by TPG and Dragoneer
Spotify Raises $1 Billion in Debt Financing — TPG and Dragoneer Investment Group lead the Spotify debt deal — Music-streaming site Spotify AB has raised $1 billion in convertible debt from investo...
Spotify's 2014 revenue rose 45% from previous year to €1.08B, but losses widened to €162M
Spotify Revenue Rises in 2014 But Still in Red on Heavy Investments — STOCKHOLM—Spotify AB, the Swedish online music streaming company, recorded a sharp rise in revenue last year …