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Task Management Software Company Asana Preps Direct Listing

By
Kate Clark
· · Source: The Information

Following in the footsteps of Slack and Spotify, San Francisco-based Asana filed privately on Monday to go public with the intent to pursue a direct listing. Direct listings allow companies to go public without issuing new shares and lets them save millions in underwriting fees, while also protecting existing stakes from additional dilution. Asana sells task management software to businesses...

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