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  • Friday, November 22, 2024

Palantir Files for Public Listing

Palantir Technologies confidentially filed with the Securities and Exchange Commission a draft registration statement for its planned public listing.

The public listing of Palantir’s Class A common stock will begin once the SEC wraps up its assessment process, the company said Monday.

Reports of Palantir’s plan to go public emerged in mid-June.

Palantir is a Palo Alto, Calif.-based big data analytics company co-founded by CEO Alex Karp with billionaire Peter Thiel and other entrepreneurs in 2003. The company’s investors include In-Q-Tel, Founders Fund, BlackRock, Morgan Stanley and Tiger Global Management.

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