Asana, a company specializing in software for managing projects, carried out a direct listing in New York Stock Exchange on September 30th, 2020, and started trading on October 1st, 2020 under the ticker ASAN.
Tag: direct listing
IPO stands for Initial Public Offering of the stocks of the issuing company on the stock market. In other words, through the IPO companies enter the capital market, where anybody can become their investor upon buying their stocks. An IPO can be carried out by additional issuing of stocks or by selling the stocks already at hand.