In a Form S-1 registration statement filed Thursday with the SEC, Robinhood said it intended to move forward with an initial public offering for its Class A common stock. If approved, the company said it plans to trade using the ticker “HOOD” on the Nasdaq and raise $100 million in the debut. Robinhood said it would reserve 20% to 35% of the shares for its users.
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Source: Cryptocurrency - investing.com
