Pre-IPO Sector News Update

October 5, 2020

• Last week, Airbnb was planning to raise $3 billion in its expected IPO.

• Asana went public via a direct listing that valued the company at $4.2 billion

• Palantir went public via a direct listing that valued the company at $20.6 billion.

  The news articles and links presented below are available for your reference.

AIRBNB

“ Airbnb Seeks to Raise Roughly $3 Billion in IPO”

• https://www.cnbc.com/2020/10/02/airbnb-seeks-to-raise-roughly-3-billion-in-ipo.html

ASANA

“ Asana Jumps 10% in Trading Debut After Opening at $4.2 Billion Valuation”

• https://markets.businessinsider.com/news/stocks/asana-stock-price-first-day-direct-listing-public-trading-debut-2020-9-1029637038#

PALANTIR

“Palantir Valued at $20 Billion in Choppy Stock Exchange Debut”

• https://www.reuters.com/article/us-palantir-ipo/palantir-valued-at-20-billion-in-choppy-stock-exchange-debut-idUSKBN26L3DR