5 years ago

WeWork intends to go to the US in September this year to raise $3.5 billion

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wework

According to Bloomberg, informed sources said that WeWork, the office shared service provider, intends to go public in September this year. As early as the market expects, WeWork plans to raise US$3.5 billion to become the second largest IPO after Uber this year, but the final fundraising amount. Or may change.

In addition, the Wall Street Journal quoted people familiar with the matter as saying that WeWork had secretly submitted listing documents at the end of last year and plans to go public in September this year. This week, the company will hold a meeting with the investment bank to discuss an asset mortgage loan finalized in the next few weeks. It will raise $5 billion to $6 billion, which will reduce the scale of WeWork’s listing.

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