Online home furnishings retailer Wayfair files for IPO

Reuters News
|
Posted: Aug 15, 2014 2:30 PM

(Reuters) - Online home-furnishings retailer Wayfair Inc filed for an initial public offering of its Class A common stock, the company said in a regulatory filing with the U.S. Securities and Exchange Commission on Friday.

Wayfair, which filed to raise $350 million from the offering, said it intends to list its shares on the New York Stock Exchange under the symbol "W". (http://bit.ly/1oB4U4S)

Goldman Sachs & Co, BofA Merrill Lynch, Citigroup, Allen & Co LLC are among the lead underwriters to the IPO.

The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

Recommended
Netflix's Wolf Fired Like a Dog
Timothy Meads

(Reporting by Tanya Agrawal; Editing by Sriraj Kalluvila)


The Late, Great USA