Square (SQ) Prices IPO Low to Lure Investors

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Square (SQ) Sees 27M Common Stock IPO Pricing at $11 - $13/Share

November 6, 2015 6:14 AM EST

(Updated - November 6, 2015 6:20 AM EST)

Square (NYSE: SQ) set IPO at 27 million shares and sees a pricing range of $11 to $13 per share.

The company noted: "We have two classes of authorized common stock: the Class A common stock offered hereby and Class B common stock. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting and conversion rights. Each share of Class A common stock is entitled to one vote. Each share of Class B common stock is... More