Great news for all InvestX clients and advisers who have participated in any of our 3 Spotify offerings – the company plans on going public.


The Wall Street Journal reported that the company has confidentially filed paperwork with the Securities and Exchange Commission to list its shares on the NYSE. Spotify won’t be going public the typical way; rather by way of a direct listing, meaning they won’t seek to raise money as it goes public.

Spotify is the current leader in the music streaming space – boasting more than 140M active users and 60M paying subscribers.  The company’s most recent valuation tops $19B.

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