Airbnb’s long-overdue plans to go public is finally a step closer to becoming reality as the company officially filed its S-1 on 16th November.
The popular vacation rental platform company originally planned a late 2019 or early 2020 IPO, but was thrown into an existential crisis when the global travel and tourism industry took a massive hit from the COVID-19 pandemic.
Reports now suggest that the IPO will likely happen somewhere between early to mid December.
What to make of this highly-anticipated IPO?
If you’re not inclined to read the over-349 pages of prospectus filing, I’ve provided a breakdown below as well as some of my own insights and analysis!
Here are some notable details about the upcoming Airbnb IPO:
- Airbnb will list on the Nasdaq exchange, with ticker symbol “ABNB”
- Listing is via a traditional IPO, expected between early to mid December 2020