On Friday March 22nd, Pinterest publicly filed to go public. If you haven’t read their S-1 regulatory filing you can find it on the SEC website
Here’s a quick overview of the major dates to track.
Filing the S-1, March 22nd
It’s been widely reported that Pinterest confidentially filed its IPO paperwork with the Securities and Exchange Commission in February. But now that they’ve released their IPO prospectus it’s all systems go.
The IPO Roadshow, Week of April 8th
In order for shares to be publicly traded they need to be priced. And that’s really what the IPO roadshow is all about. After a whirlwind of meetings with institutional investors, the Pinterest executive team and investment bankers will assess demand and determine the final price.
Shares of Pinterest trade on NYSE, April 18th
Pop the champagne and celebrate the fulfillment of your liquidity event requirement. Pinterest employees subject to dual vesting are now one step closer to selling their equity freely on the public markets. But you’ll need to wait a little bit longer. Wait, what?
Lockup Expiration, October 15th
During the lockup no trading is permitted. But that doesn’t have to prevent you from making progress. You can use this period to formalize your planning, including what you will do with your equity. Not sure where to begin?
If you haven’t already, I’d encourage you to check out our free IPO planning resources or connect with a member of our advisory team.
