- Palantir is expected to reveal key paperwork as soon as Monday for its plans go public, according to a person with knowledge of the matter who said the paperwork could also come on Tuesday.
- Palantir’s analyst day is to be scheduled for September 15, and the company is hoping to list its shares on September 24, the person told Business Insider.
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Palantir is expected to reveal key paperwork as soon as Monday or Tuesday for its plans to go public, according to a person with knowledge of the matter.
The S-1 filing will provide the first public look at Palantir’s financials and kick off the countdown to a widely anticipated public listing. The person, who spoke on condition of anonymity to discuss a private matter, told Business Insider that Palantir’s analyst day was scheduled for September 15, with the company hoping to list shares on the public market on September 24.
The source said the dates were not yet official but represented what Palantir has communicated to various parties as of this weekend.
Palantir, a secretive data analytics company with ties to the military and defense industries, said in early July that it confidentially filed a draft of its S-1 paperwork for its planned public listing.
The company’s stock-market debut is expected to come in the form of a direct listing, which differs from traditional initial public offerings in that no new shares are issued to outside investors.
Palantir was valued at $20 billion by private investors in 2015, but shares in the company have more recently sold at a valuation between $8 billion and $12 billion, sources told Business Insider earlier this year.
A spokesperson for Palantir did not immediately respond to a request for comment regarding the dates on which the S-1 filing, analyst day, and listing debut would occur.
Troy Wolverton contributed reporting.