Home > Home > Kayak sees 85 percent chance of IPO, takes GAAP loss due to SideStep charge

Kayak sees 85 percent chance of IPO, takes GAAP loss due to SideStep charge

05/31/2011| 9:32:45 AM| 中文

Kayak now pegs its chances of proceeding with an initial public offering at 85%, which is up from a 60% likelihood articulated two months ago.

Kayak now pegs its chances of proceeding with an initial public offering at 85%, which is up from a 60% likelihood articulated two months ago.

And, in the fifth admendment to its S1 filing, Kayak puts its chances of being part of a strategic sale at 10% or remaining a private company at a mere 5%.

Kayak ties its increased IPO chances to all the preparations its done for an IPO since the previous estimate calculated in October 2010. The estimates were made in connection with valuations of Kayak’s common stock related to the granting of options.

Read the full story at: http://www.tnooz.com/2011/05/27/news/kayak-sees-85-percent-chance-of-ipo-takes-gaap-loss-due-to-sidestep-charge/

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