Reddit plans to set aside shares for loyal users in next month's IPO
2024/02/21 12:33
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Social media company Reddit plans to give some of its IPO shares to its 75,000 most active users on a pilot basis when it goes public next month, in a different take on the stock market. According to people familiar with the matter, the company plans to reserve a certain number of shares for these so-called "redditors," the exact number of which has not yet been determined.
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