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Cycling Startup Peloton Confidentially Files for U.S. IPO

June 5, 2019, 3:15 PM

Peloton Interactive Inc. has filed confidentially for an initial public offering, the latest in a string of technology companies seeking to join the public markets in 2019.

The home exercise startup has submitted its draft listing documents to the U.S. Securities & Exchange Commission, New York-based Peloton said in a statement June 5.

Peloton is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. to lead its listing, which could value the company at more than $8 billion, people familiar with the matter said in February. Peloton said June 5 that the number of shares to be offered ...

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