The We Company submits IPO draft registration statement

KUALA LUMPUR, April 30 (Bernama) -- The We Company (WeWork) has confidentially submitted an amended draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to an initial public offering (IPO) of its common stock.

WeWork has initially submitted its Form S-1 with the SEC in Dec 2018, whereby the process will enable the company to make the decision to become publicly traded, subject to market and other conditions.

Any offer, solicitation of offer to buy, or any sale of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended, according to a statement.

-- BERNAMA