Twitter, the popular micro-bloging site has formerly listed its shares on the New York Stock Exchange, with a view to start trading from today, Thursday November 7, 2013.
70.000.000 shares are expected to start trading on the NYSE at $26.00 per share.
Informing the public of the move, Twitter said "We've priced our Initial Public Offerig of 70.000.000 Shares of our common stock at a price to the public of $26 per share."
Twitter said it also granted the underwriters a 30-day option to 10,500.000 additional shares of common stock.
The shares, made only by means of a prospectus can be obtained by contacting Goldman, Sachs & Co. or sending email to prospectus-ny@ny.email.gs.com.
Performing true to expectation, initial media reports say Twitter's shares have already been oversubscribed up 30 times more than issued.
Twitter said it owes the success of it IPO all users even as it acknowledges some specially. It posted the following update a few minutes ago "owes success to its users, so gives #NYSEBell to @SirPatrickStew, @VivienneHarr & @Bostonpolice #TwitterIPO".
At the time of posting Reuters reported the shares to be around "between $42 and $46 a share."
* Twitter: @bensongoha.
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