A TikTok Interview Triggered a Securities Filing

Share via:


Snowflake filed an 8-K with the Securities and Exchange Commission earlier this week after its chief revenue officer gave financial projections in a TikTok video. Mike Gannon told an influencer outside the New York Stock Exchange that the data-storage company would exit the year with just over $4.5 billion in revenue and reach $10 billion in a couple of years.

The filing stated that Gannon is not authorized to disclose financial information on behalf of the company and that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

A TikTok Interview Triggered a Securities Filing


Snowflake filed an 8-K with the Securities and Exchange Commission earlier this week after its chief revenue officer gave financial projections in a TikTok video. Mike Gannon told an influencer outside the New York Stock Exchange that the data-storage company would exit the year with just over $4.5 billion in revenue and reach $10 billion in a couple of years.

The filing stated that Gannon is not authorized to disclose financial information on behalf of the company and that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Apple’s iPhone 16 is the bestseller in a sea...

“Apple largely sells four models in India, as...

Today’s NYT Connections Hints, Answers for Dec. 29 #932

Looking for the most recent Connections answers? Click here...

Popular