WeWork’s long-awaited public listing is likely to slip to the fourth quarter, Bloomberg reports, citing a person familiar with the company. The embattled co-working startup, which is planning to go public via a merger with BowX Acquisition, had said in March that the $9 billion deal would close by the third quarter.
The delay could push the listing to late October and comes as WeWork’s team is responding to comments from the SEC, said the person, who asked not to be identified. A different person familiar with the situation said that WeWork could still make the end of September target. Read more.
