KUALA LUMPUR, Oct 1 -- WeWork will file a request to withdraw the Form S-1 Registration Statement which was initially filed with the Securities and Exchange Commission on Aug 14.
“We have decided to postpone our IPO to focus on our core business, the fundamentals of which remain strong,” said co-chief executive officers, Artie Minson and Sebastian Gunningham.
“We are as committed as ever to serving our members, enterprise customers, landlord partners, employees and shareholders. We have every intention to operate WeWork as a public company and look forward to revisiting the public equity markets in the future."
-- BERNAMA
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