Reddit publicly files IPO papers, detailing plans to license data, sell more ads and grow its ‘user economy’

Social-media platform Reddit on Thursday publicly filed its registration statement for an IPO, with plans to trade on the New York Stock Exchange under the ticker symbol “RDDT.” The filing did not disclose the number of shares to be offered or their potential price. Morgan Stanley, Goldman Sachs, JPMorgan and BofA Securities are the lead book-running managers. Reddit filed a draft registration statement for a proposed public offering in 2021.