SANTA MONICA, Calif., May 08, 2024--Snap Inc. (NYSE: SNAP) announced today that it intends to offer, subject to market conditions and other factors, $650 million aggregate principal amount of convertible senior notes due 2030 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, or the Securities Act. Snap also intends to grant the initial purchasers of the notes an option to purchase up to an additional $100 million aggregat
Key Insights Using the 2 Stage Free Cash Flow to Equity, Snap fair value estimate is US$23.26 Current share price of...
The social media company is using AI to diversify users' search results.