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Posted on: Nov. 6, 2015, 11:16 a.m.
The company had initially set a fundraising target of $275 million when it filed for the offering on Oct. 14. Square said in a regulatory filing it would sell 25.7 million Class A common shares, while selling stockholder Start Small Foundation would sell about 1.35 million. Neither Twitter nor Square has been clear about how Dorsey will split his time between the two companies – a cause of concern for some investors of both companies. San Francisco-based Square, founded in ... Full investment news article