Airbnb hopes to raise as much as $2.6 billion
in its initial public stock offering this month,
betting investors will see its home-sharing
model as the future of travel.
In a filing with securities regulators Tuesday, the
San Francisco company said it expects to offer
51.9 million common shares priced between
$44 and $50 each. The company is expected to
debut on the Nasdaq stock exchange on Dec.
10, trading under the symbol “ABNB.”
Including stock options, restricted stock
units and other classes of securities, Airbnb
will have approximately 696 million shares.
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