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Palantir publicly filed for a direct listing

Aug 26, 2020, 03:23 IST
Business Insider
Alex Karp, CEO of Palantir, which publicly filed its IPO paperwork on XXX.Chesnot/Getty Images

Palantir has joined the parade of companies preparing to go public.

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The secretive data analytics company publicly filed its paperwork for a direct listing on Tuesday, becoming only the latest tech startup to do so in recent days. The company didn't say how many shares it plans to sell or offer a price range for them, but said it expected to raise as much as $100 million.

Business Insider had previously reported that its public filing was expected Monday or Tuesday.

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