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Huge news. The NYSE starting to put the wheels in motion to allow a primary raise with a direct listing. Will change IPO’s.
This was hinted at during the Direct Listing event hosted by @bgurley and @patrick_oshag when Stacey, President of NYSE presented
techcrunch.com/2019/11/26/ny…
Thrilled to see @stacey_cunning & the team @NYSE advance the ball on direct listings! They are already a simpler and superior form of entering the public markets. That said, adding primary capital would be a fantastic addition. @directlistingcnbc.com/2019/11/26/nyse-pro…