WeWork to Withdraw S-1 Registration Statement

News provided by
WeWork Companies Inc.
October 01, 2019 15:35 Korea Standard Time

NEW YORK--(Business Wire / Korea Newswire)--WeWork will file a request to withdraw the Registration Statement on Form S-1 that was initially filed with the Securities and Exchange Commission on August 14.

Co-CEOs Artie Minson and Sebastian Gunningham said, “We have decided to postpone our IPO to focus on our core business, the fundamentals of which remain strong. 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.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20190930005559/en/

Website: https://www.wework.com/

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WeWork
Jimmy Asci / Gwen Rocco

This is a news release distributed by Korea Newswire on behalf of this company.