SEC Green Lights Google IPO

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

NEW YORK The Securities and Exchange Commission this afternoon gave Google the green light to proceed with its initial public offering, according to a statement on the search company’s IPO Web site. With the SEC’s approval of its registration, Google can set its share price and begin trading its stock on the Nasdaq under the symbol “GOOG” as soon as tomorrow.

Earlier in the day, Google filed an amended prospectus with the SEC, saying that it cut its estimated IPO price by more than a quarter to $85-95 per share.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in