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Slack is Going Public. But Not in the Traditional Way

February 4, 2019

Via: Fortune

After months of speculation about an IPO date, Slack is finally going public.

The productivity service maker filed confidentially, according to a press release published Monday.

The release notes that Slack has “submitted a draft registration statement on Form S-1” to the SEC, with the public listing due to take place after the SEC completes its review process.

In January, reports suggested that Slack planned to go public by directly listing its shares on a stock exchange, foregoing the traditional IPO process. Bloomberg reports they are taking this approach.

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