Palantir Technologies confidentially filed with the Securities and Exchange Commission a draft registration statement for its planned public listing.
The public listing of Palantirās Class A common stock will begin once the SEC wraps up its assessment process, the company said Monday.
Reports of Palantirās 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 ThielĀ and other entrepreneurs in 2003. The companyāsĀ investors includeĀ In-Q-Tel, Founders Fund, BlackRock, Morgan Stanley andĀ Tiger Global Management.