Snap said it expected to use proceeds of about $2

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cheap canada goose jackets Both you and your children are blessed. I have nieces and nephews whom I love dearly. I want to protect them too. Market closes on March 1, according to a confidential document seen by Reuters.Snap said in a filing on Thursday it expected to raise as much as $3.2 billion from the offering of 200 million Class A shares. The offering is expected to be priced between $14 and $16 per share.Even at the low end of that expected valuation range, Snap would be the largest tech offering since Alibaba IPO in 2014, and after last year paucity of tech listings, its public launch will be closely watched.Selling shareholders, who include Spiegel, Murphy and former Sony CEO Michael Lynton, will sell 55 million shares in total. If the IPO prices on the higher end of the current range, Spiegel and Murphy would both make $256 million on the IPO and Lynton would make $878,000.Early Snap investors venture firm Benchmark Capital Partners would reap $171 million from the offering if it prices at the top of the range.Snap will have about 1.16 billion shares outstanding after the offering and list on the New York Stock Exchange under the symbol SNAP.Snap said it expected to use proceeds of about $2.1 billion for general corporate purposes and to acquire businesses, among other things.Snap, which launched in 2012 with an app that sends disappearing messages, rebranded itself last year as a camera company and started selling $130 video camera glasses.Reporting by Sruthi Shankar and Sweta Singh in Bengaluru and Lauren Hirsch in New York, with additional reporting by Liana Baker in New York and Ross Kerber in Boston; Editing by Meredith Mazzilli and Andrew Hay.. cheap canada goose jackets

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