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Twitter files papers to go public

Jeff John Roberts

Twitter has announced its long awaited IPO in, what else, a tweet that came after market closed on Thursday:

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.—
Twitter (@twitter) September 12, 2013

Twitter’s indication that this is a confidential filing means, under recent SEC rules, the company’s annual revenue is less than $1 billion.

Twitter’s S-1, the securities filing that companies use to provide details about their planned initial public offerings, is likely to be leaked at some point soon.

(More soon. This post has been updated multiple times as more information became available.)

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