Reddit Lays Groundwork for Public Offering With Confidential SEC Filing
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital #Business The company was most recently valued at $10 billion in a private fundraising round. Reddit has submitted a confidential registration statement with the SEC as the company prepares for a public offering in the new year. The company has not yet determined how many shares or the price offer for its common stock, according to an announcement released Wednesday evening by Reddit. Co-founded by Alexis Ohanian and currently led by CEO Steve Huffman, Reddit was most recently valued at $10 billion in an August fundraising round led by Fidelity Management and Research Company…