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A comment on Slack Is Going Public Without an IPO – How a Direct Listing Works. Parent comment

Re:Slack Is Going Public Without an IPO – How a Direct Listi... by pbreit on Friday June 21, 2019 @03:42AM (#20240681)
Sounds wrong. First of all, I'm pretty sure it's not the SEC which forbids selling the first 6 months. It's the underwriting banks that enforce this on pre-ipo shareholders in order to protect the price volatility of the offering.
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